West Virginia HB4373 proposes a property tax poverty exemption for school excess levies.

West Virginia HB4373 establishes a property tax poverty exemption for school excess levies. This bill allows eligible claimants to exempt their property from a portion of property taxes attributable to a school excess levy if their annual household income is at or below the latest federal poverty guidelines. The exemption applies to residential properties used and occupied exclusively by the owner. Claimants must file a claim for exemption annually between July 1 and December 1.

West Virginia HB4373 proposes a property tax poverty exemption for school excess levies.

West Virginia HB4373 establishes a property tax poverty exemption for school excess levies. This bill allows eligible claimants to exempt their property from a portion of property taxes attributable to a school excess levy if their annual household income is at or below the latest federal poverty guidelines. The exemption applies to residential properties used and occupied exclusively by the owner. Claimants must file a claim for exemption annually between July 1 and December 1.