Mississippi SB2864 clarifies that veterans with certain service-connected disabilities are exempt from highway privilege tax on $1 license tags.
Mississippi SB2864 amends the state's tax code to specify that the highway privilege tax does not apply to motor vehicles receiving a $1.00 license tag for veterans with 100% permanent service-connected disability or at least 70% nonpermanent service-connected disability. This tax exemption applies to vehicles registered in the name of the veteran or their surviving spouse, provided the spouse remains unmarried. The bill also outlines the conditions for renewing these tags and the penalties for misuse. The changes are set to take effect from July 1, 2026.
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