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Mississippi SB 3162 Proposes Full Ad Valorem Property Tax Exemptions for Seniors, Veterans, and Active-Duty Military

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

Last action · February 25, 2026: 02/25 (S) Died In CommitteeSponsor: Don Hartness

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

Senate Bill 3162 amends Section 27-33-75 of the Mississippi Code of 1972 to phase in full property tax exemptions on the of homesteads for residents aged 65 and older, their unremarried surviving spouses, honorably discharged American veterans, and active-duty members of the United States Armed Forces, effective January 1, 2027.

Why it matters

Property owners meeting specific age, military service, or surviving spouse criteria would save money by having their homestead's entirely exempted from local school district and county general fund property taxes.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

Qualified homeowners aged 65 and older

They receive a full exemption from all ad valorem taxes on the assessed value of their homestead property starting January 1, 2027.

Directly affected

Active-duty members of the United States Armed Forces

They are granted an exemption from all ad valorem taxes on the assessed value of their homestead property from and after January 1, 2027.

Directly affected

County general funds and school districts

They experience changes in tax revenue sources as exemptions are applied equally across school and county general fund levies.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who qualifies for the full ad valorem property tax exemption under the bill starting in 2027?
Homeowners who are 65 years of age or older, unremarried surviving spouses of such homeowners, and active-duty members of the United States Armed Forces qualify for a full exemption from es on their homestead's starting January 1, 2027.
How are ad valorem tax exemptions split between local government funds?
One-half of the exemption is drawn from taxes levied for school district purposes, and the other half is drawn from taxes levied for county general fund purposes.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died in committee.

Procedural history

2 actions
  1. Feb 25, 2026Senate
    02/25 (S) Died In Committee
  2. Feb 20, 2026SenateCommittee
    02/20 (S) Referred To Finance

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Phased Expansion of Homestead Exemptions

The bill builds on prior incremental amendments from 2015, 2018, 2023, and 2025 to systematically extend full property tax exemptions to older demographics and military members.

Connected Entities

Railroad Retirement Act, United States Armed Forces, Social Security Act and 2 more
otherRailroad Retirement Act“Federal act referenced for total disability classifications”Map →
OrganizationUnited States Armed Forces“Military branch whose active-duty members and surviving spouses qualify for exem”Map →
otherSocial Security Act“Federal act referenced for total disability classifications”Map →
OrganizationDepartment of Revenue“State agency prescribing procedures for updates in valuation of homestead proper”Map →
PersonDon Hartness“Senator who introduced Senate Bill 3162”Map →

Sources

Open source document

billstatus.ls.state.ms.us

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 65)
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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