H.J.Res.1

West Virginia HJR1 proposes to amend the state constitution to increase the homestead exemption to $50,000.

West Virginia HJR1 proposes an amendment to the state constitution to increase the homestead exemption from $20,000 to $50,000 for property eligible for the exemption. This amendment aims to change the language in the constitution to reflect the new exemption amount. The proposed amendment will be submitted to voters in the 2026 general election for ratification. If approved, the new exemption amount will apply to property assessed at its value as of January 1, 1980, or in accordance with the new provisions.