Mississippi legislation · 2025 Regular Session
Mississippi HB1255: Homestead exemption; increase for persons 65 years of age or older.
Status: Failed, February 26, 2025
AN ACT TO AMEND SECTION 27-33-75, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF HOMESTEAD EXEMPTION FROM AD VALOREM TAXES FOR PERSONS WHO ARE SIXTY-FIVE YEARS OF AGE OR OLDER; AND FOR RELATED PURPOSES.
What the bill says
An act to amend section 27-33-75, mississippi code of 1972, to increase the amount of homestead exemption from ad valorem taxes for persons who are sixty-five years of age or older; and for related purposes.
From the introduced text:
AN ACT TO AMEND SECTION 27-33-75, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF HOMESTEAD EXEMPTION FROM AD VALOREM TAXES FOR PERSONS WHO ARE SIXTY-FIVE YEARS OF AGE OR OLDER; 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 - 4,500........................................... 180.00 4,501 - 4,650........................................... 186.00 4,651 - 4,800........................................... 192.00 …
Sponsors
- Smith, Troy (R, 84) · primary sponsor
- Andy Boyd (R, 37)
- Calvert, Billy Adam (R, 83)
- Denton, Oscar (D, 55)
- Jill Ford (R, 73)
- Harris, W.I. (R, 28)
- Mangold, Vince (R, 53)
- Mansell, Clay (R, 56)
- McMillan, Jonathan (R, 58)
- Mickens, Carl L. (D, 42)
- Morgan, Ken (R, 100)
- Turner, Jerry R. (R, 18)
Latest actions
- : Died In Committee
- : Referred To Ways and Means
Subjects: Homestead exemption
Common questions
- What is HB1255?
- HB1255 is a bill in the Mississippi Legislature (2025 Regular Session): Homestead exemption; increase for persons 65 years of age or older.
- What does HB1255 do?
- In its own words: An act to amend section 27-33-75, mississippi code of 1972, to increase the amount of homestead exemption from ad valorem taxes for persons who are sixty-five years of age or older; and for related purposes.
- What is the status of HB1255?
- Failed as of February 26, 2025. Latest action: Died In Committee (February 26, 2025).
- Who sponsored HB1255?
- Smith, Troy (R, 84), with 11 co-sponsors.
- Where is the official record for HB1255?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB1255.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.