West Virginia HJR15 proposes a constitutional amendment to increase the homestead exemption for eligible residents.

West Virginia HJR15 proposes an amendment to the state constitution to allow for an increase in the homestead exemption. This amendment would permit the exemption to rise incrementally by $20,000 every five years for individuals with an annual income not exceeding $20,000, culminating in a maximum exemption of $100,000 at age 85. The amendment also includes provisions for the periodic statewide reappraisal of property and the equitable application of the homestead exemption.

West Virginia HJR15 proposes a constitutional amendment to increase the homestead exemption for eligible residents.

West Virginia HJR15 proposes an amendment to the state constitution to allow for an increase in the homestead exemption. This amendment would permit the exemption to rise incrementally by $20,000 every five years for individuals with an annual income not exceeding $20,000, culminating in a maximum exemption of $100,000 at age 85. The amendment also includes provisions for the periodic statewide reappraisal of property and the equitable application of the homestead exemption.