MS HB812

Extends full homestead ad valorem tax exemption to unremarried surviving spouses of honorably discharged American veterans who were 90 years of age or older, effective January 1, 2026.

Extends full homestead ad valorem tax exemption to unremarried surviving spouses of homeowners classified as totally disabled under the federal Social Security Act, Railroad Retirement Act, or other federal acts approved by the Department of Revenue, effective January 1, 2026.

Establishes full homestead ad valorem tax exemption for honorably discharged American veterans who have reached 90 years of age on or before January 1 of the year the exemption is claimed, effective January 1, 2025.

Exemptions claimed in 2025 receive reimbursement beginning in 2026, and exemptions claimed in 2026 receive reimbursement beginning in 2027.

Act takes effect July 1, 2025.