Bill > HJR10

This resolution proposes a constitutional amendment to the West Virginia State Constitution that would provide property tax relief for senior citizens by locking the assessed property value for taxation purposes at the value when the homeowner turns 65 or purchases the property, whichever occurs later. Specifically, the amendment applies to residential real property or mobile homes occupied by a U.S. citizen who is 65 years or older, and requires three key conditions: the property must be real property or a mobile home, used exclusively for residential purposes, and occupied by the owner as their principal residence. This means that even if property values increase over time, the property tax assessment for eligible senior citizens would remain fixed at the value when they reached 65 or purchased the property, potentially providing significant financial relief for older homeowners. The proposed amendment will be submitted to voters for ratification at the next general election in 2026, and if approved, would amend Article X of the state constitution related to taxation and finance.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Resolution_History.cfm?year=2025&sessiontype=RS&input4=10&billtype=JR&houseorig=H&btype=res