In 1862, Congress passed the revolutionary Homestead Act that sent thousands of Americans west in pursuit of free land. There are several types of property tax exemptions available: Senior Citizen Exemption, Disabled Veteran Exemption, Residential Exemption.What was the history leading up to the 1862 Homestead Act? As the United States emerged as a new nation in the late 18th century, it accumulated title to land. Read about the restrictions on the Department of the Interior's decision to make 10000 acres of land in Alaska available to homesteaders in the Unlike most states, Alaska does not impose an acreage limit for homestead exemptions. Choose the exemption below to access the applications. Land under the actual Homestead Acts have been dead for decades now. It ended officially in Alaska in 1986. It is FREE to apply for the General Homestead Exemption.