Bill
Bill > HB4922
WV HB4922
WV HB4922To exempt all WV residents 65 and older from personal property taxes and real estate property taxes effective Jan 1, 2027
summary
Introduced
01/29/2026
01/29/2026
In Committee
01/29/2026
01/29/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to provide a real and personal property tax exemption for residents 65 years or older and clarify who qualifies for the Homestead Act.
AI Summary
This bill proposes to exempt all West Virginia residents aged 65 and older from paying personal property taxes and real estate property taxes, with this exemption taking effect on January 1, 2027. It also modifies the existing Homestead Act, which currently provides a $20,000 exemption on property taxes for certain homeowners, by removing the age requirement of 65 and older for this specific exemption, meaning the $20,000 homestead exemption will now be available to those certified as permanently and totally disabled, regardless of age, provided they meet residency requirements.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
To House Finance (on 01/29/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4922&year=2026&sessiontype=RS&btype=bill |
| Fiscal Note - Tax & Revenue Department, WV State | http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=947064260 |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4922%20intr.htm&yr=2026&sesstype=RS&i=4922 |
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