Homestead exemption; increase for certain unremarried surviving spouses of veterans.

HB 419 increases Mississippi's homestead property tax exemption for a specific group: unremarried surviving spouses of veterans who were honorably discharged and are 85 years or older. The bill amends existing law to grant these individuals a full exemption from all ad valorem taxes on their homestead property's assessed value, rather than a partial reduction. This expands the current homestead exemption program to include this veteran spouse demographic, providing complete tax relief on their primary residence. The exemption applies to the entire assessed value of their home, not just a portion of it.