WV HB3062

Creates a property tax exemption for real property and structures used for farming when the owner-farmer lives on the property and derives at least 40% of their income from the farm

Adds this farming exemption to West Virginia's existing list of property tax exemptions, which includes government property, churches, schools, cemeteries, and charitable organizations

Requires the farming property to be owner-occupied to qualify for the exemption

Amends §11-3-9 of the West Virginia Code governing property exempt from taxation