Proposing a constitutional amendment to allow the West Virginia Legislature to exempt certain business-related personal property from taxation.

This bill proposes an amendment to the West Virginia Constitution to grant the Legislature authority to exempt tangible machinery and equipment, tangible inventory, and personal property tax on motor vehicles from ad valorem property taxation. The amendment aims to modernize property tax laws by providing flexibility in tax exemptions while preserving existing exemptions. The proposed changes will be subject to voter approval in the 2026 general election.

Proposing a constitutional amendment to allow the West Virginia Legislature to exempt certain business-related personal property from taxation.

This bill proposes an amendment to the West Virginia Constitution to grant the Legislature authority to exempt tangible machinery and equipment, tangible inventory, and personal property tax on motor vehicles from ad valorem property taxation. The amendment aims to modernize property tax laws by providing flexibility in tax exemptions while preserving existing exemptions. The proposed changes will be subject to voter approval in the 2026 general election.