Loading chat...
MS HB1327
Bill
Status
2/27/2013
Primary Sponsor
William Denny
Click for details
AI Summary
-
Exempts honorably discharged American veterans with service-connected total disability from all ad valorem taxes on their homestead property, removing the previous cap of $6,000-$7,500 assessed value
-
Extends the complete ad valorem tax exemption to unremarried surviving spouses of totally disabled veterans
-
Exempts qualifying veterans and their unremarried surviving spouses from the forest acreage tax on property included in the homestead
-
Updates references from "State Tax Commission" to "Department of Revenue" throughout the homestead exemption statutes
-
Takes effect January 1, 2013, with reimbursements beginning in the 2014 calendar year
Legislative Description
Homestead exemption; increase for totally disabled veterans and extend to unremarried surviving spouses of such veterans.
Last Action
Died In Committee
2/27/2013