Exempts property used for divine worship, educational, and charitable purposes from ad valorem property tax in West Virginia.

West Virginia Senate Bill 57 proposes to amend the state's tax code to exempt from ad valorem property tax all property used for divine worship, educational, and charitable purposes. This includes properties used for educational activities, other community support activities, and properties where a portion is used for divine worship and the remainder for educational, literary, scientific, or charitable purposes. The bill also outlines specific exemptions and conditions, such as the exclusion of properties used for profit or unrelated business taxable income.

Exempts property used for divine worship, educational, and charitable purposes from ad valorem property tax in West Virginia.

West Virginia Senate Bill 57 proposes to amend the state's tax code to exempt from ad valorem property tax all property used for divine worship, educational, and charitable purposes. This includes properties used for educational activities, other community support activities, and properties where a portion is used for divine worship and the remainder for educational, literary, scientific, or charitable purposes. The bill also outlines specific exemptions and conditions, such as the exclusion of properties used for profit or unrelated business taxable income.