Taxes; allow disabled veterans to recapture payments between disability effective date and receipt of VA's decision letter.

This bill would allow Mississippi disabled veterans who received a VA disability determination to get a refund for property taxes paid between their disability's effective date and when they received the VA decision letter. Veterans would need to submit the VA letter within 60 days to the Department of Revenue for a rebate, paid from current tax collections. The refund would not count as taxable income under Mississippi law. The bill also permits veterans to revise past tax returns affected by the disability determination.