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MS SB2836

Bill

Status

Failed

1/31/2023

Primary Sponsor

Rita Potts Parks

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Allows veterans with service-connected total disability who are honorably discharged to apply for homestead exemption within 30 calendar days of closing on a home purchase, but not later than December 31 of the year of purchase (effective January 1, 2023).

  • When a veteran with an existing homestead exemption on another property applies for the new exemption, the old exemption is treated as if the new application were filed on or before April 1.

  • Repeals outdated sections 27-33-69, 27-33-71, and 27-33-73 that contained tax exemption tables for claims from 1985-1987 and reimbursements from 1986-1988.

  • Amends section 27-33-67 to remove references to the repealed sections and conform the law to current exemption procedures.

  • Brings forward sections 27-33-33 and 27-33-75 for possible amendment, which govern tax assessor duties and exemption amounts for qualified homeowners.

Legislative Description

Homestead exemption; allow veterans with service connected, total disability to apply after April 1 in year of home purchase.

Last Action

Died In Committee

1/31/2023

Committee Referrals

Finance1/16/2023

Full Bill Text

No bill text available