MS SB2022 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on February 22 2017 - 100% progression
Action: 2017-02-22 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 27-33-75, Mississippi Code Of 1972, To Provide That A Qualified Homeowner Claiming A Homestead Exemption Allowed For A Person Who Is Sixty-five Years Of Age Or Older Or Totally Disabled Shall Be Allowed An Additional Exemption From All Ad Valorem Taxes On An Amount Equal To The Difference Between The Assessed Value Of The Homestead Property On January 1, 2017, Or January 1 Of The First Year For Which The Qualified Homeowner Claims An Exemption On The Property, And Any Increase In The Assessed Value Of The Homestead Property Resulting From An Update In Valuation Of The Homestead Property That Is Completed During The Time The Qualified Homeowner Owns The Property; To Provide That If A Subsequent Update In Valuation Of The Homestead Property That Is Completed During The Time The Qualified Homeowner Owns The Property Results In The Assessed Value Of The Homestead Property Being Less Than The Assessed Value Of The Property On January 1, 2017, Or January 1 Of The First Year For Which The Qualified Homeowner Claims Homestead Exemption For The Property, Then The Exemption Authorized Under This Act Shall Be On An Amount Equal To The Difference Between Such Lower Assessed Value And Any Increase In The Assessed Value Of The Homestead Property Resulting From A Subsequent Update In Valuation Of The Homestead Property That Is Completed During The Time The Qualified Homeowner Owns The Property; And For Related Purposes.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Homestead exemption; provide additional exemption for certain persons 65 years of age or older or totally disabled.

Sponsors


History

DateChamberAction
2017-02-22SenateDied In Committee
2017-01-05SenateReferred To Finance

Mississippi State Sources


Bill Comments

feedback