2017 Mississippi Code
Title 27 - Taxation and Finance
Chapter 33 - Ad Valorem Taxes--Homestead Exemptions
Article 1 - General Provisions
§ 27-33-71. Tax table for exemptions claimed in 1986 calendar year for which reimbursement is made in 1987 calendar year
- (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
4,801 -- 4,950 198.00
4,951 -- 5,100 204.00
5,101 -- 5,250 210.00
5,251 -- 5,400 216.00
5,401 -- 5,550 222.00
5,551 -- 5,700 228.00
5,701 -- 5,850 234.00
5,851 -- 6,000 240.00
6,001 -- 6,150 246.00
6,151 -- 6,300 252.00
6,301 -- 6,450 258.00
6,451 -- 6,600 264.00
6,601 -- 6,750 270.00
6,751 -- 6,900 276.00
6,901 and above 282.00
Assessed values shall be rounded to the next whole dollar (Fifty Cents (50 cent(s) ) rounded to the next highest dollar) for the purposes of the above table.
One-half ( 1/2) of the exemption allowed in the above table shall be from taxes levied for school district purposes and one-half ( 1/2) shall be from taxes levied for county general fund purposes.
- (2) Qualified homeowners described in subsection (2) of Section 27-33-67 shall be allowed an exemption from all ad valorem taxes on not in excess of Seven Thousand Dollars ($ 7,000.00) of the assessed value of the homestead property.
- (3) This section shall only apply to exemptions claimed in the 1986 calendar year for which reimbursement is made in the 1987 calendar year.
