Mississippi HB1868: 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 increase the amount of homestead exemption from ad valorem taxes for persons who are sixty-five years of age or older or who are totally disabled; 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 OR WHO ARE TOTALLY DISABLED; 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 *HR43/R1425.1* H. B. No. 1868 ~ OFFICIAL ~ R3/5 26/HR43/R1425.1 PAGE 1 (BS\KP) 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 - …

Read the full official text

Sponsors

• Yancey, Lee (R, 74) · primary sponsor
• Powell, Brent (R, 59)

Latest actions

1. February 25, 2026: Died In Committee
2. February 11, 2026: Referred To Ways and Means

Common questions

What is HB1868?

HB1868 is a bill in the Mississippi Legislature (2026 Regular Session): Homestead exemption; increase for persons 65 years of age or older or totally disabled.

What does HB1868 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 or who are totally disabled; and for related purposes.

What is the status of HB1868?

Failed as of February 25, 2026. Latest action: Died In Committee (February 25, 2026).

Who sponsored HB1868?

Yancey, Lee (R, 74), with 1 co-sponsor.

Where is the official record for HB1868?

On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1868.xml