Homestead Exemption Increase Amendment

This Senate Joint Resolution (SJR 14) proposes a constitutional amendment to increase West Virginia's homestead exemption from $20,000 to $25,000 for eligible homeowners. It would directly affect seniors (65+ years) and permanently disabled residents who own and occupy their primary home as their residence. The amendment, if approved by voters in the 2026 general election, would change the state constitution to set a $25,000 exemption limit on property taxes for qualifying residential properties. This would reduce property tax burdens for affected homeowners by exempting a larger portion of their home's assessed value. The bill is currently pending in the Senate Judiciary Committee and requires voter ratification to take effect.