West Virginia HJR22 proposes a constitutional amendment to allow the Legislature to reduce or eliminate ad valorem taxes on tangible personal.

West Virginia HJR22 proposes an amendment to the state constitution to give the Legislature authority over ad valorem taxes on tangible personal property. This includes the ability to exempt certain types of property from taxation, reduce tax rates, establish different statewide rates for various types of property, and classify property as real or personal for tax purposes. The amendment aims to provide flexibility in managing personal property taxes, potentially reducing the tax burden on businesses and individuals.

West Virginia HJR22 proposes a constitutional amendment to allow the Legislature to reduce or eliminate ad valorem taxes on tangible personal.

West Virginia HJR22 proposes an amendment to the state constitution to give the Legislature authority over ad valorem taxes on tangible personal property. This includes the ability to exempt certain types of property from taxation, reduce tax rates, establish different statewide rates for various types of property, and classify property as real or personal for tax purposes. The amendment aims to provide flexibility in managing personal property taxes, potentially reducing the tax burden on businesses and individuals.