summary
Introduced
01/14/2026
01/14/2026
In Committee
01/14/2026
01/14/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Proposing an amendment to the Constitution of the State of West Virginia, amending section §1b, article X thereof; relating to permitting increase in homestead exemption for persons with yearly income that does not exceed $20,000; numbering and designating such proposed amendment; and providing a summarized statement of the purpose of such proposed amendment.
AI Summary
This joint resolution proposes an amendment to the West Virginia Constitution that would allow for an increase in the homestead exemption, which is a property tax relief for homeowners. Specifically, for individuals with a yearly income not exceeding $20,000, the homestead exemption would increase by $20,000 every five years until it reaches a maximum of $100,000 in assessed value, and this full exemption would be available at age 85. The resolution also designates this proposed amendment as "Amendment No. 1" and summarizes its purpose as permitting this progressive increase in the homestead exemption for eligible individuals.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
To House Finance (on 01/14/2026)
Official Document
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bill summary
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bill summary
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