Mississippi HB648: Homestead exemption; increase for persons 65 years of age or older or totally disabled.

What the bill says

An act to amend section 27-33-75, mississippi code of 1972, to provide that persons who are sixty-five years of age or older or who are totally disabled shall be exempt from all ad valorem taxes on the assessed value of homestead property; and for related purposes.

From the introduced text:

AN ACT TO AMEND SECTION 27-33-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT PERSONS WHO ARE SIXTY-FIVE YEARS OF AGE OR OLDER OR WHO ARE TOTALLY DISABLED SHALL BE EXEMPT FROM ALL AD VALOREM TAXES ON THE ASSESSED VALUE OF HOMESTEAD PROPERTY; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. Section 27-33-75, Mississippi Code of 1972, is amended as follows: 27-33-75. (1) Qualified homeowners described in subsection (1) of Section 27-33-67 shall be allowed an exemption from ad valorem taxes according to the following table: ASSESSED VALUE HOMESTEAD OF HOMESTEAD EXEMPTION $ 1 - $ 150........................................... $ 6.00 151 - 300........................................... 12.00 301 - 450........................................... 18.00 451 - 600........................................... 24.00 601 - 750........................................... 30.00 751 - 900........................................... 36.00 901 - 1,050........................................... 42.00 1,051 - 1,200........................................... 48.00 1,201 - 1,350........................................... 54.00 1,351 - 1,500........................................... 60.00 1,501 - 1,650........................................... 66.00 1,651 - 1,800........................................... 72.00 1,801 - 1,950........................................... 78.00 1,951 - 2,100........................................... 84.00 2,101 - 2,250........................................... 90.00 2,251 - 2,400........................................... 96.00 2,401 - 2,550........................................... 102.00 2,551 - 2,700........................................... 108.00 2,701 - 2,850........................................... 114.00 2,851 - 3,000........................................... 120.00 3,001 - 3,150........................................... 126.00 3,151 - 3,300........................................... 132.00 3,301 - 3,450........................................... 138.00 3,451 - 3,600........................................... 144.00 3,601 - 3,750........................................... 150.00 3,751 - 3,900........................................... 156.00 3,901 - 4,050........................................... 162.00 4,051 - 4,200........................................... 168.00 4,201 - 4,350........................................... 174.00 4,351 …

Read the full official text

Sponsors

• Horne, Stephen A. (Steve) (R, 81) · primary sponsor

Latest actions

1. February 26, 2025: Died In Committee
2. January 15, 2025: Referred To Ways and Means

Common questions

What is HB648?

HB648 is a bill in the Mississippi Legislature (2025 Regular Session): Homestead exemption; increase for persons 65 years of age or older or totally disabled.

What does HB648 do?

In its own words: An act to amend section 27-33-75, mississippi code of 1972, to provide that persons who are sixty-five years of age or older or who are totally disabled shall be exempt from all ad valorem taxes on the assessed value of homestead property; and for related purposes.

What is the status of HB648?

Failed as of February 26, 2025. Latest action: Died In Committee (February 26, 2025).

Who sponsored HB648?

Horne, Stephen A. (Steve) (R, 81).

Where is the official record for HB648?

On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0648.xml