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SENATE FINANCE COMMITTEE
DG
FLOOR BOOK MEMO
SENATE JOINT RESOLUTION NO. 1
BY: Senator Tomblin
SHORT TITLE: Proposing an amendment to the Constitution
designated Homestead Exemption Increase Amendment
EXPLANATION:
This Joint Resolution proposes an amendment to the
Constitution which increases the Homestead Exemption from $20,000
to $40,000 for persons 65 years or older or persons who are
permanently and totally disabled.
ACTION BY COMMITTEE (AMENDMENTS, ETC.):
None
EFFECTIVE DATE: From Passage