WV HJR42

Proposes a constitutional amendment to increase West Virginia's homestead exemption from $20,000 to $50,000 of assessed property value

Applies to real property or mobile homes used exclusively as residences and occupied by the owner who is 65 years or older, or permanently and totally disabled

Extends the exemption eligibility to homeowners under 65 who are not disabled, with a phase-in period not exceeding five years following property appraisal

Limits the exemption to one per person and spouse, regardless of the number of properties owned

Requires voter ratification at the November 2026 general election to amend Article X of the state constitution