West Virginia 2024 Regular Session

West Virginia Senate Bill SJR10

Introduced
2/26/24  
Report Pass
2/26/24  
Engrossed
2/28/24  
Refer
2/29/24  

Caption

Homestead Exemption for Disabled Veterans Amendment

Impact

The passage of SJR10 would amend Section 1-b, Article X of the West Virginia Constitution regarding ad valorem property taxation. It would allow completely tax-exempt status for real property or mobile homes occupied by qualifying veterans, thereby altering existing tax codes significantly. The intent is to ensure that those who have served and sacrificed for the country are not excessively burdened by property taxes, particularly when they may already face costs related to health care and rehabilitation.

Summary

SJR10, known as the Homestead Exemption for Disabled Veterans Amendment, proposes a significant change to the West Virginia Constitution by providing a property tax exemption for veterans with service-connected disabilities rated at 90% or greater. This amendment aims to reduce the financial burden on disabled veterans, allowing them to retain more of their income for personal and medical needs. If ratified, this amendment will be presented to voters in the upcoming general election, indicating a clear intent to engage the public in this critical decision that directly affects a specific demographic within the state.

Sentiment

The sentiment surrounding SJR10 appears to be largely supportive among legislative members, with a unanimous vote of 33 to 0 indicating strong bipartisan approval. The proposal has been framed as a necessary recognition of the sacrifices made by veterans, particularly those who have suffered severe disabilities as a result of their service. However, potential concerns may arise regarding the fiscal implications of such tax exemptions and how this may affect the state budget and funding for vital services.

Contention

While support for SJR10 is widespread, some discussions have centered around the equitable implementation of tax relief measures across various demographics, particularly in relation to other groups that may also seek similar exemptions. Stakeholders may question whether this amendment could lead to inconsistencies in tax policy that could disproportionately impact other tax-paying populations. The conversation continues as legislators weigh the benefits of increasing support for veterans against the potential consequences for state revenue and other taxpayers.

Companion Bills

No companion bills found.

Previously Filed As

WV SJR6

Homestead Exemption for Disabled Veterans Amendment

WV SJR2

Disabled Veterans' Exemption from Ad Valorem Property Taxation Amendment

WV HJR8

Disabled Veteran’s Property Tax Exemption Amendment

WV HJR7

Increase Homestead exemption

WV HJR6

Increasing the Homestead Exemption

WV HJR10

Senior Citizen Homestead Valuation Amendment

WV HB2584

Allow homestead exemptions for disabled veterans

WV HJR14

Amending the Homestead Exemption of the Constitution

WV HJR18

To established a tiered reduction on property taxes for disabled veterans.

WV HJR27

To give a personal tax break of 50% to disabled veterans and 50% off hunting or fishing licenses.

Similar Bills

WV SJR15

Honorably Discharged Veteran's Property Tax Exemption Amendment

WV SJR3

Homestead Exemption Increase Amendment

WV SJR9

Disabled Veterans' Exemption from Ad Valorem Property Taxation Amendment

WV HJR23

Increase the homestead exemption from $20,000 to $40,000

WV HJR10

SENIOR CITIZEN HOMESTEAD VALUATION AMENDMENT

WV HJR15

Disabled Veteran’s Property Tax Exemption Amendment

WV SJR7

Disabled Veterans' Exemption from Ad Valorem Property Taxation Amendment

WV HJR107

Increasing the Homestead Exemption