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Introduced Version House Bill 2440 History

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WEST virginia legislature

2019 regular session

Introduced

House Bill 2440

By Delegate Hollen

[Introduced January 15, 2019; Referred
to the Committee on Veterans’ Affairs and Homeland Security then Finance.]

A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §11-5-16, relating to granting a veteran with a 100 percent service-connected disability a $10,000 exemption from the assessed value for one vehicle that is not used for commercial purposes.

Be it enacted by the Legislature of West Virginia:

ARTICLE 5. ASSESSMENT OF PERSONAL PROPERTY.


§11-5-16.  Assessment of motor vehicles owned by disabled veterans.

Beginning July 1, 2019, a veteran with a 100 percent total and permanent service-connected disability, as certified by the Director of the Department of Veterans' Affairs of West Virginia, the assessor shall exempt the first $10,000 of the assessed value of not more than one vehicle owned by that veteran and not used for commercial purposes.


 

NOTE: The purpose of this bill is to establish the PEIA Rainy Day Fund which may be used to reduce or prevent benefit cuts or reduce premium increases.

Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.

 

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