MS SB2046

Creates ad valorem tax exemption for owners of manufactured homes or mobile homes who occupy them as primary residence at the same location for at least two consecutive years, regardless of land ownership.

Exemption amounts range from $6.00 to $300.00 based on assessed value of the home, with assessed values rounded to the nearest dollar.

One-half of exemption applies to school district taxes and one-half to county general fund taxes.

Prohibits claiming this exemption if the person claims a homestead exemption, and provides alternative $7,500 assessed value exemption for owners age 65+ or totally disabled.

Effective January 1, 2017, with reimbursement beginning in 2017 calendar year.