To give an additional $20,000 dollar Homestead Exemption on the property tax of any West Virginia citizen farmer that produces more than 50% of his or her income from their farm

HB 3064 would add a $20,000 property tax exemption specifically for West Virginia farmers who earn more than half their income from farming. This additional exemption applies to qualifying farmers' primary residences (homesteads) beyond the existing $20,000 homestead exemption for older residents or disabled individuals. The bill directly affects West Virginia citizen farmers whose farm income constitutes over 50% of their total earnings. It provides concrete tax relief by reducing the taxable value of their primary residence by $20,000, lowering their annual property tax burden.