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Committee backs constitutional amendment allowing legislature to reduce/eliminate auto and personal-property ad valorem tax if counties are made whole
Summary
A committee substitute for Senate Joint Resolution 6 would, if approved by voters, add a constitutional provision allowing the Legislature to reduce or eliminate ad valorem taxes on automobiles and other personal property but require equal-or-greater revenue sharing to any counties or localities harmed by the change.
The Senate Judiciary Committee considered a committee substitute for Senate Joint Resolution 6 that proposes a constitutional amendment giving the Legislature the authority to reduce or eliminate the ad valorem tax on automobiles and other personal property, while requiring that the state provide an equal or greater revenue share to counties or localities affected by any reduction.
Committee counsel summarized the substitute: "A constitutional amendment that would add a new section to the Constitution of West Virginia ... providing that the Legislature may reduce or eliminate…
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