MS Code § 27-33-69 (2020)
2020 Mississippi Code|Title 27 - Taxation and Finance|Chapter 33 - Ad Valorem Taxes-Homestead Exemptions|Article 1 - General Provisions|§ 27-33-69. Tax table for exemptions claimed in 1985 calendar year for which reimbursement is made in 1986 calendar year

  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 values shall be rounded to the next whole dollar (Fifty Cents (50¢) 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 purposes, roads and bridges, junior colleges and agricultural high schools in the proportion that the number of mills levied for each such purpose bears to the total mills levied for all such purposes herein enumerated, except for school district purposes.   Click to view    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 Five Hundred Dollars ($7,500.00) of the assessed value of the homestead property.   This section shall only apply to exemptions claimed in the 1985 calendar year for which reimbursement is made in the 1986 calendar year.    TRUE VALUE ASSESSED VALUE HOMESTEAD OF HOMESTEAD OF HOMESTEAD EXEMPTION $ 1 - $ 1,000 $ 1 - $ 150 $ 6.00 1,001 - 2,000 151 - 300 12.00 2,001 - 3,000 301 - 450 18.00 3,001 - 4,000 451 - 600 24.00 4,001 - 5,000 601 - 750 30.00 5,001 - 6,000 751 - 900 36.00 6,001 - 7,000 901 - 1,050 42.00 7,001 - 8,000 1,051 - 1,200 48.00 8,001 - 9,000 1,201 - 1,350 54.00 9,001 - 10,000 1,351 - 1,500 60.00 10,001 - 11,000 1,501 - 1,650 66.00 11,001 - 12,000 1,651 - 1,800 72.00 12,001 - 13,000 1,801 - 1,950 78.00 13,001 - 14,000 1,951 - 2,100 84.00 14,001 - 15,000 2,101 - 2,250 90.00 15,001 - 16,000 2,251 - 2,400 96.00 16,001 - 17,000 2,401 - 2,550 102.00 17,001 - 18,000 2,551 - 2,700 108.00 18,001 - 19,000 2,701 - 2,850 114.00 19,001 - 20,000 2,851 - 3,000 120.00 20,001 - 21,000 3,001 - 3,150 126.00 21,001 - 22,000 3,151 - 3,300 132.00 22,001 - 23,000 3,301 - 3,450 138.00 23,001 - 24,000 3,451 - 3,600 144.00 24,001 - 25,000 3,601 - 3,750 150.00 25,001 - 26,000 3,751 - 3,900 156.00 26,001 - 27,000 3,901 - 4,050 162.00 27,001 - 28,000 4,051 - 4,200 168.00 28,001 - 29,000 4,201 - 4,350 174.00 29,001 - 30,000 4,351 - 4,500 180.00 30,001 - 31,000 4,501 - 4,650 186.00 31,001 - 32,000 4,651 - 4,800 192.00 32,001 - 33,000 4,801 - 4,950 198.00 33,001 - 34,000 4,951 - 5,100 204.00 34,001 - 35,000 5,101 - 5,250 210.00 35,001 - 36,000 5,251 - 5,400 216.00 36,001 - 37,000 5,401 - 5,550 222.00 37,001 - 38,000 5,551 - 5,700 228.00 38,001 - 39,000 5,701 - 5,850 234.00 39,001 - 40,000 5,581 - 6,000 240.00 40,001 - 41,000 6,001 - 6,150 246.00 41,001 - 42,000 6,151 - 6,300 252.00 42,001 - 43,000 6,301 - 6,450 258.00 43,001 - 44,000 6,451 - 6,600 264.00 44,001 - 45,000 6,601 - 6,750 270.00 45,001 - 46,000 6,751 - 6,900 276.00 46,001 - 47,000 6,901 - 7,050 282.00 47,001 - 48,000 7,051 - 7,200 288.00 48,001 - 49,000 7,201 - 7,350 294.00 49,001 and above 7,351 and above 300.00