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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