Mississippi SB3162: Homestead exemption; provide on full value of home for homeowners 65 & older, unremarried spouses, and military.

What the bill says

An act to amend section 27-33-75, mississippi code of 1972, to allow an exemption from all ad valorem taxes on the assessed value of the homestead property for a qualified homeowner who is an american veteran who has been honorably discharged from military service, for a qualified homeowner who has reached years of age and his or her unremarried surviving spouse, and for an active-duty member of the united states armed forces; and for related purposes.

From the introduced text:

AN ACT TO AMEND SECTION 27-33-75, MISSISSIPPI CODE OF 1972, TO ALLOW AN EXEMPTION FROM ALL AD VALOREM TAXES ON THE ASSESSED VALUE OF THE HOMESTEAD PROPERTY FOR A QUALIFIED HOMEOWNER WHO IS AN AMERICAN VETERAN WHO HAS BEEN HONORABLY DISCHARGED FROM MILITARY SERVICE, FOR A QUALIFIED HOMEOWNER WHO HAS REACHED YEARS OF AGE AND HIS OR HER UNREMARRIED SURVIVING SPOUSE, AND FOR AN ACTIVE-DUTY MEMBER OF THE UNITED STATES ARMED FORCES; 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 *SS36/R732.1* S. B. No. 3162 ~ OFFICIAL ~ R3/5 26/SS36/R732.1 PAGE 1 (icj\tb) 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 - …

Read the full official text

Sponsors

• Hartness, Don (R, 42) · primary sponsor

Latest actions

1. February 25, 2026: Died In Committee
2. February 20, 2026: Referred To Finance

Common questions

What is SB3162?

SB3162 is a bill in the Mississippi Legislature (2026 Regular Session): Homestead exemption; provide on full value of home for homeowners 65 & older, unremarried spouses, and military.

What does SB3162 do?

In its own words: An act to amend section 27-33-75, mississippi code of 1972, to allow an exemption from all ad valorem taxes on the assessed value of the homestead property for a qualified homeowner who is an american veteran who has been honorably discharged from military service, for a qualified homeowner who has reached years of age and his or her unremarried surviving spouse, and for an active-duty member of the united states armed forces; and for related purposes.

What is the status of SB3162?

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

Who sponsored SB3162?

Hartness, Don (R, 42).

Where is the official record for SB3162?

On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB3162.xml