summary
Introduced
01/20/2026
01/20/2026
In Committee
01/20/2026
01/20/2026
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 one-b, article ten thereof, relating to ad valorem property tax rates for citizens of the age of 65 or older; locking the value of a homestead property, purpose of calculating property taxes, at the assessed value when the owner-occupier turned 65 or purchased the property, whichever occurred later; 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 citizens aged 65 or older to have their property taxes calculated based on the assessed value of their home at the time they turned 65 or purchased the property, whichever was later, rather than its current market value. This provision, referred to as a homestead valuation for senior citizens, aims to provide property tax relief by preventing significant tax increases as property values rise, ensuring that the tax burden on these homeowners remains stable once they reach a certain age or acquire their home. The amendment will be put to a vote of the people at the next general election in 2028.
Committee Categories
Budget and Finance
Sponsors (7)
Gary Howell (R)*,
William Bell (R),
Dean Jeffries (R),
George Miller (R),
Chuck Sheedy (R),
George Street (R),
Jimmy Willis (R),
Last Action
To House Finance (on 01/20/2026)
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