27-33-73 - Tax table for exemptions claimed in 1987 calendar year for which reimbursement is made in 1988 calendar year. - Mississippi Statutes

§ 27-33-73. Tax table for exemptions claimed in 1987 calendar year for which reimbursement is made in 1988 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 and above                              258.00

 

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 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 Six Thousand Five Hundred Dollars ($6,500.00) of the assessed value of the homestead property. 

(3)  This section shall only apply to exemptions claimed in the 1987 calendar year for which reimbursement is made in the 1988 calendar year. 
 

Sources: Laws,  1984, ch. 453, § 5; Laws, 1987, ch. 372, § 2, eff from and after passage (approved March 19, 1987).