WV SJR14

Proposes a constitutional amendment to increase the homestead property tax exemption from $20,000 to at least $25,000 of assessed valuation for qualifying homeowners

Applies to residents who are 65 years or older, or permanently and totally disabled, and use the property as their primary residence

Authorizes the Legislature to extend the same exemption (not less than $25,000) to homeowners under 65 who are not disabled

Grants the Legislature authority starting January 1, 2027 to make future modifications to the homestead exemption through general law, with provisions for increases up to $40,000

Requires voter ratification at the 2026 general election; amendment designated as "Amendment 1" and titled the "Homestead Exemption Increase Amendment"