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HB 648

Homestead exemption; increase for persons 65 years of age or older or totally disabled.

2025 Regular Session Introduced by Steve Horne

Mississippi bill proposes expanding homestead property tax exemptions for seniors 65+ and disabled residents to reduce their housing costs.

Died In Committee
#waysandmeans
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Bill Summary · HB 648

Legislative bill overview

HB 648 proposes to increase the homestead exemption—a property tax reduction—specifically for Mississippi residents aged 65 and older or those who are totally disabled. The bill died in the Ways and Means Committee in February 2025 without advancing further.

Why is this important

Homestead exemptions reduce property tax burdens for qualifying homeowners, directly affecting their annual housing costs. For seniors and disabled persons on fixed incomes, this tax relief can be significant in maintaining housing affordability and reducing financial strain.

Potential points of contention

  • Revenue impact: Increasing exemptions reduces local tax revenue for schools, counties, and municipalities, requiring either budget cuts or alternative revenue sources
  • Cost to state: Clarification needed on whether the state compensates local governments for lost revenue or if the burden falls entirely on local budgets
  • Defining "totally disabled": The bill's criteria for disability eligibility could be unclear, potentially creating administrative challenges or disputes over qualification

Compiled from official sources — confirm details with the bill’s official record.

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