WV HJR34

Proposes a constitutional amendment to Article X of the West Virginia Constitution, to be voted on in the 2026 general election

Authorizes the Legislature to exempt one or more species of tangible personal property (including motor vehicles and business inventory) from ad valorem property taxation entirely

Permits the Legislature to reduce tax rates or assessment rates for different types of tangible personal property, and to establish different statewide rates of taxation, assessment, and valuation methods for different property categories

Removes the requirement for uniformity in taxation among different species of tangible personal property, while maintaining existing constitutional limits on maximum tax rates

Grants the Legislature authority to classify property as either real property or personal property for taxation purposes