diff --git a/changelog.d/8313.added.md b/changelog.d/8313.added.md new file mode 100644 index 00000000000..1a12845a8fe --- /dev/null +++ b/changelog.d/8313.added.md @@ -0,0 +1 @@ +Added the Mississippi age or disability Homestead Exemption property tax reduction. diff --git a/policyengine_us/parameters/gov/states/ms/tax/property/age_disability_homestead_exemption/age_threshold.yaml b/policyengine_us/parameters/gov/states/ms/tax/property/age_disability_homestead_exemption/age_threshold.yaml new file mode 100644 index 00000000000..28e93ef6706 --- /dev/null +++ b/policyengine_us/parameters/gov/states/ms/tax/property/age_disability_homestead_exemption/age_threshold.yaml @@ -0,0 +1,12 @@ +description: Mississippi limits age-based eligibility to this threshold under the Homestead Exemption program. +values: + 2025-01-01: 65 +metadata: + unit: year + period: year + label: Mississippi age or disability homestead exemption age threshold + reference: + - title: Mississippi Department of Revenue | Homestead Exemption + href: https://www.dor.ms.gov/county-services/homestead-exemption + - title: Mississippi Code Section 27-33-67 + href: https://law.justia.com/codes/mississippi/title-27/chapter-33/article-1/section-27-33-67/ diff --git a/policyengine_us/parameters/gov/states/ms/tax/property/age_disability_homestead_exemption/amount.yaml b/policyengine_us/parameters/gov/states/ms/tax/property/age_disability_homestead_exemption/amount.yaml new file mode 100644 index 00000000000..02a7419d9d3 --- /dev/null +++ b/policyengine_us/parameters/gov/states/ms/tax/property/age_disability_homestead_exemption/amount.yaml @@ -0,0 +1,12 @@ +description: Mississippi provides this amount as an age or disability homestead exemption under the Homestead Exemption program. +values: + 2025-01-01: 7_500 +metadata: + unit: currency-USD + period: year + label: Mississippi age or disability homestead exemption amount + reference: + - title: Mississippi Department of Revenue | Homestead Exemption + href: https://www.dor.ms.gov/county-services/homestead-exemption + - title: Mississippi Code Section 27-33-75 + href: https://law.justia.com/codes/mississippi/title-27/chapter-33/article-1/section-27-33-75/ diff --git a/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption.yaml b/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption.yaml new file mode 100644 index 00000000000..638529114e4 --- /dev/null +++ b/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption.yaml @@ -0,0 +1,54 @@ +- name: Case 1, exemption is capped at the statutory amount. + period: 2025 + input: + people: + person1: + age: 65 + assessed_property_value: 75_000 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_exemption: 7_500 + +- name: Case 2, exemption is limited to assessed property value. + period: 2025 + input: + people: + person1: + age: 65 + assessed_property_value: 5_000 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_exemption: 5_000 + +- name: Case 3, exemption excludes non-joint adult property value. + period: 2025 + input: + people: + person1: + age: 65 + assessed_property_value: 5_000 + person2: + age: 40 + assessed_property_value: 75_000 + tax_units: + tax_unit: + members: [person1, person2] + filing_status: SINGLE + households: + household: + members: [person1, person2] + state_code: MS + output: + ms_age_disability_homestead_exemption: 5_000 diff --git a/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption_eligible.yaml b/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption_eligible.yaml new file mode 100644 index 00000000000..0ba1caa8319 --- /dev/null +++ b/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption_eligible.yaml @@ -0,0 +1,111 @@ +- name: Case 1, senior homeowner is eligible. + period: 2025 + input: + people: + person1: + age: 65 + assessed_property_value: 75_000 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_exemption_eligible: true + +- name: Case 2, disabled homeowner under age 65 is eligible. + period: 2025 + input: + people: + person1: + age: 40 + is_disabled: true + assessed_property_value: 75_000 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_exemption_eligible: true + +- name: Case 3, non-senior homeowner without disability is ineligible. + period: 2025 + input: + people: + person1: + age: 64 + assessed_property_value: 75_000 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_exemption_eligible: false + +- name: Case 4, senior without assessed property is ineligible. + period: 2025 + input: + people: + person1: + age: 65 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_exemption_eligible: false + +- name: Case 5, joint spouse meeting the age test is eligible. + period: 2025 + input: + people: + person1: + age: 40 + assessed_property_value: 75_000 + is_tax_unit_head: true + person2: + age: 65 + is_tax_unit_spouse: true + tax_units: + tax_unit: + members: [person1, person2] + filing_status: JOINT + households: + household: + members: [person1, person2] + state_code: MS + output: + ms_age_disability_homestead_exemption_eligible: true + +- name: Case 6, non-joint adult meeting the age test is ineligible. + period: 2025 + input: + people: + person1: + age: 40 + assessed_property_value: 75_000 + is_tax_unit_head: true + person2: + age: 65 + is_tax_unit_spouse: true + tax_units: + tax_unit: + members: [person1, person2] + filing_status: SINGLE + households: + household: + members: [person1, person2] + state_code: MS + output: + ms_age_disability_homestead_exemption_eligible: false diff --git a/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_property_tax_reduction.yaml b/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_property_tax_reduction.yaml new file mode 100644 index 00000000000..50aecd475d3 --- /dev/null +++ b/policyengine_us/tests/policy/baseline/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_property_tax_reduction.yaml @@ -0,0 +1,76 @@ +- name: Case 1, reduction equals the property tax on the exempt share of value. + period: 2025 + input: + people: + person1: + age: 65 + assessed_property_value: 75_000 + real_estate_taxes: 1_500 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_property_tax_reduction: 150 + +- name: Case 2, reduction cannot exceed property taxes. + period: 2025 + input: + people: + person1: + age: 65 + assessed_property_value: 5_000 + real_estate_taxes: 100 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_property_tax_reduction: 100 + +- name: Case 3, ineligible filer gets no reduction. + period: 2025 + input: + people: + person1: + age: 64 + assessed_property_value: 75_000 + real_estate_taxes: 1_500 + tax_units: + tax_unit: + members: [person1] + households: + household: + members: [person1] + state_code: MS + output: + ms_age_disability_homestead_property_tax_reduction: 0 + +- name: Case 4, reduction excludes non-joint adult property tax. + period: 2025 + input: + people: + person1: + age: 65 + assessed_property_value: 5_000 + real_estate_taxes: 100 + person2: + age: 40 + assessed_property_value: 75_000 + real_estate_taxes: 1_500 + tax_units: + tax_unit: + members: [person1, person2] + filing_status: SINGLE + households: + household: + members: [person1, person2] + state_code: MS + output: + ms_age_disability_homestead_property_tax_reduction: 100 diff --git a/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption.py b/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption.py new file mode 100644 index 00000000000..8ad097e42c9 --- /dev/null +++ b/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption.py @@ -0,0 +1,28 @@ +from policyengine_us.model_api import * + + +class ms_age_disability_homestead_exemption(Variable): + value_type = float + entity = TaxUnit + label = "Mississippi age or disability homestead exemption" + unit = USD + definition_period = YEAR + reference = "https://www.dor.ms.gov/county-services/homestead-exemption" + defined_for = "ms_age_disability_homestead_exemption_eligible" + + def formula(tax_unit, period, parameters): + person = tax_unit.members + head = person("is_tax_unit_head", period) + joint_spouse = person("is_tax_unit_spouse", period) & person.tax_unit( + "tax_unit_is_joint", period + ) + assessed_value = tax_unit.sum( + person("assessed_property_value", period) * (head | joint_spouse) + ) + + return min_( + assessed_value, + parameters( + period + ).gov.states.ms.tax.property.age_disability_homestead_exemption.amount, + ) diff --git a/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption_eligible.py b/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption_eligible.py new file mode 100644 index 00000000000..fa896f95302 --- /dev/null +++ b/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_exemption_eligible.py @@ -0,0 +1,28 @@ +from policyengine_us.model_api import * + + +class ms_age_disability_homestead_exemption_eligible(Variable): + value_type = bool + entity = TaxUnit + label = "Eligible for the Mississippi age or disability Homestead Exemption" + definition_period = YEAR + reference = "https://www.dor.ms.gov/county-services/homestead-exemption" + defined_for = StateCode.MS + + def formula(tax_unit, period, parameters): + p = parameters( + period + ).gov.states.ms.tax.property.age_disability_homestead_exemption + person = tax_unit.members + head = person("is_tax_unit_head", period) + joint_spouse = person("is_tax_unit_spouse", period) & person.tax_unit( + "tax_unit_is_joint", period + ) + head_or_joint_spouse = head | joint_spouse + age = person("age", period.this_year) + is_disabled = person("is_disabled", period) + assessed_value = person("assessed_property_value", period) + + return tax_unit.any( + ((age >= p.age_threshold) | is_disabled) & head_or_joint_spouse + ) & (tax_unit.sum(assessed_value * head_or_joint_spouse) > 0) diff --git a/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_property_tax_reduction.py b/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_property_tax_reduction.py new file mode 100644 index 00000000000..eeb1fa05095 --- /dev/null +++ b/policyengine_us/variables/gov/states/ms/tax/property/age_disability_homestead_exemption/ms_age_disability_homestead_property_tax_reduction.py @@ -0,0 +1,30 @@ +from policyengine_us.model_api import * + + +class ms_age_disability_homestead_property_tax_reduction(Variable): + value_type = float + entity = TaxUnit + label = "Mississippi age or disability homestead property tax reduction" + unit = USD + definition_period = YEAR + reference = "https://www.dor.ms.gov/county-services/homestead-exemption" + defined_for = "ms_age_disability_homestead_exemption_eligible" + + def formula(tax_unit, period, parameters): + person = tax_unit.members + head = person("is_tax_unit_head", period) + joint_spouse = person("is_tax_unit_spouse", period) & person.tax_unit( + "tax_unit_is_joint", period + ) + head_or_joint_spouse = head | joint_spouse + assessed_value = tax_unit.sum( + person("assessed_property_value", period) * head_or_joint_spouse + ) + real_estate_taxes = tax_unit.sum( + person("real_estate_taxes", period) * head_or_joint_spouse + ) + + return real_estate_taxes * ( + tax_unit("ms_age_disability_homestead_exemption", period) + / max_(assessed_value, 1) + )