Mississippi legislation · 2026 Regular Session
Mississippi SB2882: Homestead exemption; revise certain provisions regarding application for.
Status: Signed into law, March 30, 2026
AN ACT TO AMEND SECTION 27-33-31, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT NO APPLICANT SHALL BE REQUIRED TO PRODUCE A COPY OF ANY CLOSING STATEMENT OR DISCLOSURE IN ORDER TO QUALIFY FOR HOMESTEAD EXEMPTION; TO PROVIDE THAT THE REQUIREMENT TO FILE A NEW APPLICATION FOR HOMESTEAD EXEMPTION IF CHANGES HAVE OCCURRED IN THE STATUS OF THE HOMESTEAD PROPERTY DESCRIPTION, OWNERSHIP, USE OR OCCUPANCY SINCE JANUARY 1 OF THE PRECEDING YEAR, SHALL NOT APPLY TO ANY CONVEYANCE OF HOMESTEAD PROPERTY WHEREBY THE GRANTOR RESERVES A LIFE ESTATE INTEREST IN THE PROPERTY; AND FOR RELATED PURPOSES.
What the bill says
An act to amend section 27-33-31, mississippi code of 1972, to provide that no applicant shall be required to produce a copy of any closing statement or disclosure in order to qualify for homestead exemption; to provide that the requirement to file a new application for homestead exemption if changes have occurred in the status of the homestead property description, ownership, use or occupancy since january 1 of the preceding year, shall not apply to any conveyance of homestead property whereby the grantor reserves a life estate interest in the property; and for related purposes.
From the enrolled text, March 24, 2026:
AN ACT TO AMEND SECTION 27-33-31, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT NO APPLICANT SHALL BE REQUIRED TO PRODUCE A COPY OF ANY CLOSING STATEMENT OR DISCLOSURE IN ORDER TO QUALIFY FOR HOMESTEAD EXEMPTION; TO PROVIDE THAT THE REQUIREMENT TO FILE A NEW APPLICATION FOR HOMESTEAD EXEMPTION IF CHANGES HAVE OCCURRED IN THE STATUS OF THE HOMESTEAD PROPERTY DESCRIPTION, OWNERSHIP, USE OR OCCUPANCY SINCE JANUARY 1 OF THE PRECEDING YEAR, SHALL NOT APPLY TO ANY CONVEYANCE OF HOMESTEAD PROPERTY WHEREBY THE GRANTOR RESERVES A LIFE ESTATE INTEREST IN THE PROPERTY; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. Section 27-33-31, Mississippi Code of 1972, is amended as follows: 27-33-31. (1) It shall be the duty of every person, who is eligible for and desires the homestead exemption provided for in this article, to comply with the following provisions: (a) He shall make written application to the county tax assessor on the prescribed form, on or before the first day of April. Applications not on file on or before April 1 of the current year may not be filed, may not be dated back, may not be accepted by the assessor, may not be allowed by the board of *SS08/R804SG* S. B. No. 2882 ~ OFFICIAL ~ G3/5 26/SS08/R804SG PAGE supervisors, …