HB 5532 prohibits West Virginia counties and municipalities from imposing additional property taxes on residential rental properties beyond the rate applied to owner-occupied homes. It directly affects rental property owners and tenants by preventing local governments from charging higher taxes on rentals due to zoning classifications. The bill requires all county/municipal property taxes on rental properties to match those for owner-occupied homes and bans extra taxes based on zoning. This aims to reduce costs for tenants by preventing "double-taxing" that could raise rents, without altering sales or service taxes for businesses. The bill is currently in the House Finance Committee after introduction on February 16, 2026.
HB 4675, titled "Relating to 'Rain Tax'," would prohibit West Virginia municipalities from charging property owners a fee based on stormwater, runoff, rain, or similar precipitation-related factors. This bill amends state law to remove local governments' authority to impose such fees, directly affecting residential and commercial property owners who might have been charged for these services. The key mechanism is a clear prohibition on assessing any fee tied to precipitation management, replacing existing provisions that allowed stormwater fees under municipal ordinances. This change would require municipalities to find alternative funding methods for stormwater programs but does not specify new funding mechanisms.
SB 150 would exempt passenger cars that are 25 years old or older from West Virginia's personal property tax. The bill amends the state tax code to add these vintage vehicles to the list of property already exempt from taxation. This change directly affects owners of older vehicles meeting the age requirement by eliminating their annual property tax obligation for qualifying cars. The exemption applies to all qualifying passenger cars without regard to their value, condition, or whether they are used for personal or collector purposes.
Senate Bill 45 modifies West Virginia's property valuation law to allow reduced appraisals for certain corporate-owned farmland. It specifically enables corporations that generate at least $20,000 annually in agricultural products (as defined by state law) to have their farm property appraised based on its farming value - not its potential non-farming use - regardless of whether farming is their primary business. This applies to all farm parcels owned by such corporations, whether contiguous or not. The bill directly affects corporate landowners meeting the $20,000 sales threshold who would otherwise not qualify for agricultural valuation. The change aims to align property tax assessments with the actual agricultural use of the land.
HJR 30 is a proposed constitutional amendment that would eliminate all property taxes on primary residences (homestead real property) in West Virginia starting July 1, 2027. It directly affects homeowners who currently pay these taxes and counties that rely on homestead tax revenue for funding. The amendment requires the state legislature to create a new funding mechanism to replace the lost revenue for counties before the tax repeal takes effect. This resolution must be approved by voters in the 2026 general election to become part of the state constitution. The bill is currently in committee referral after its January 29, 2026, introduction.
HB 4846 changes how certain high-technology property is taxed in West Virginia by valuing qualifying servers and equipment at their scrap value (instead of full market value) for property tax purposes. It applies only to assets over $100 million owned by businesses in high-tech or internet advertising sectors, as defined by existing law. This reduces the taxable value of these assets, directly lowering property tax bills for qualifying businesses. The bill does not alter tax rates but modifies the valuation method for specific high-value technology assets.
HB 4913 exempts the first 100 acres of qualifying working farms from all state, county, and municipal property taxes. A "working farm" is defined as land primarily used for agricultural production (crops, livestock, etc.), actively managed, and producing goods for sale. The exemption applies per parcel - not per owner - to prevent landowners from splitting parcels to gain more tax breaks, and a clawback provision reinstates taxes if the land stops farming or is subdivided. The bill also prohibits reassessments based on nearby development or "highest and best use" theories unrelated to agriculture.
HB 4929, the Truth in Taxation Act, requires West Virginia counties and local taxing subdivisions (like cities or towns) to calculate a "revenue neutral rate" each year. This rate ensures property tax increases match previous year's revenue when adjusted for current property valuations. Local governments cannot exceed this rate without holding a public hearing and sending detailed notices to taxpayers - showing the previous year's tax, proposed rate, and budget impact - 10 days in advance. Noncompliance requires refunds for over-collected taxes. The law excludes school districts and very small taxing subdivisions earning under $5,000 annually in property tax revenue.
SB 57 amends West Virginia law to explicitly include property used for educational and charitable activities on land primarily for divine worship (like churches) under the existing property tax exemption. This means churches operating schools, daycare centers, or community programs on their property will now qualify for full tax exemption on that land, not just the worship space. The bill clarifies that if a portion of religious property serves educational, literary, scientific, or charitable purposes - such as a church-run school or community center - the entire property remains exempt. It directly affects religious organizations and nonprofits using their land for these combined purposes. The change refines existing law (§11-3-9) without creating new exemptions.
