Mississippi House Bill 4007: Homestead Exemption; increase for certain lineal descendants of previous owners of homestead property.

Mississippi · 2026 Regular Session

What it does

An Act To Amend Section 27-33-75, Mississippi Code Of 1972, To Provide That A Qualified Homeowner Who Is A Lineal Descendant Of Previous Owners Of The Property For Which Homestead Exemption Has Been Claimed For No Less Than Fifteen Years Shall Be Allowed An Additional Exemption On Certain Ad Valorem Taxes On The Increase In The Assessed Value Of The Homestead Property Resulting From A Subsequent Update In Valuation Of The Property; And For Related Purposes.

Latest action

Died In Committee (2026-02-25)

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