This bill proposes an amendment to the Code of West Virginia, specifically section 11-3-9, to exempt motor vehicles from personal property tax starting from tax years beginning after December 31, 2025. The new legal language inserted into the current law states that "any motor vehicle owned as personal property" will be exempt from taxation, which is now included as item (30) in the list of properties exempt from taxation. The previous item (30) has been renumbered to (31).

The bill aims to alleviate the tax burden on individuals who own motor vehicles, thereby potentially encouraging vehicle ownership and use within the state. By removing the personal property tax on motor vehicles, the legislation seeks to provide economic relief to individuals and families, reflecting a policy shift towards supporting taxpayers by reducing their financial obligations associated with vehicle ownership.

Statutes affected:
Introduced Version: 11-3-9