WV HJR14

Proposes amending Article X, Section 1 of the West Virginia Constitution to allow the Legislature to exempt certain personal property from ad valorem (property) taxation

Would authorize exemptions for tangible machinery and equipment directly used in business activity, tangible inventory directly used in business activity, and motor vehicles from personal property tax

Requires two-thirds approval from both houses of the Legislature to place on the ballot

Submits the question to voters at the 2026 general election as "Amendment No. 1" designated the "Property Tax Modernization Amendment"

Preserves all existing constitutional tax exemptions while adding new categories of property the Legislature may choose to exempt by general law