MS HB1431

Amends Section 27-53-27 of the Mississippi Code to provide an ad valorem tax exemption for owners of manufactured homes or mobile homes who occupy the property as their primary residence for at least five consecutive years at the same location.

Exemption applies regardless of whether the owner holds title to the land where the home is located or how the property and land are assessed for tax purposes.

Prohibits claiming this exemption if the person is already claiming a homestead exemption under existing homestead exemption law.

Effective date of January 1, 2013.