To increase the homestead exemption to $50,000.

HJR 1 proposes a constitutional amendment to increase West Virginia's homestead exemption from $20,000 to $50,000. This exemption currently protects the first $20,000 of assessed value on a primary residence (or mobile home) from property taxes for homeowners aged 65 or older, or permanently disabled residents. The change would reduce property taxes for qualifying homeowners by exempting an additional $30,000 of their home's assessed value. As a constitutional amendment, it requires voter approval in the 2026 general election to take effect.