To reduce all titled vehicle personal property taxation valuation, except for mobile homes, from a class 4 assessment valuation to a class 2

HB 3450 would reclassify titled vehicles (such as cars and trucks) in West Virginia from Class IV to Class II for property tax purposes, excluding mobile homes. This change directly affects vehicle owners in municipalities who pay personal property tax on titled vehicles, reducing their tax burden by moving these vehicles to a lower tax bracket. The bill amends state law to adjust the property classification system, shifting titled vehicles from a higher municipal tax class (Class IV) to a lower residential class (Class II). As a result, owners would pay less tax on their vehicles, though mobile homes remain unaffected by this change.