MS SB2117

Provides ad valorem tax exemptions for owners of manufactured homes or mobile homes who occupy them as primary residences and have done so at the same location for at least two consecutive years, regardless of land ownership or assessment method.

Establishes a tiered exemption schedule based on assessed value, ranging from $6.00 exemption for homes valued at $1-$150 up to $300.00 maximum exemption for homes valued at $7,351 and above.

Splits exemptions equally between school district taxes (one-half) and county general fund taxes (one-half).

Provides enhanced exemptions for owners age 65 or older or totally disabled, allowing exemptions on up to $7,500 of assessed value from all ad valorem taxes.

Prohibits claiming exemptions under this section if the person already claims a homestead exemption, and requires two consecutive years of occupancy at the same physical location to qualify.