MS SB2586

Extends full ad valorem tax exemption on homestead property to American veterans with service-connected total disability who have been honorably discharged from military service, effective January 1, 2011.

Grants full ad valorem tax exemption on homestead property to unremarried surviving spouses of qualifying totally disabled veterans, applicable to exemptions claimed in the 2011 calendar year and thereafter.

Modifies Section 27-33-67 to include unremarried surviving spouses of totally disabled homeowners in eligibility for homestead exemptions and forest acreage tax exemptions.

Establishes that the Department of Revenue shall determine proper proof of service-connected total disability and veteran status for purposes of claiming the exemption.

Takes effect January 1, 2011, and does not affect or invalidate any tax assessments, claims, or liens for taxes accrued before the effective date.