Rep. Manly Barton’s homestead bill out of committee, headed to floor this week

JACKSON, Mississippi — Hometown state Rep. Manly Barton’s bill that could help senior citizens with their property tax bills came out of committee today and will go to the floor within the next few days.

The bill would help seniors by freezing the values of their homes during reappraisal years…

…Barton’s bill would lock in the value of seniors’ homes, for tax purposes only, for as long as they own the homes.

If the home is sold, the full fair market would then be applied.

Gulflive
2/17/15