The Exponent Telegram – The Harrison County Commission this week welcomed a representative of the West Virginia Center on Budget and Policy to discuss the potential impacts of Amendment 2 on the county’s budget.
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Amendment 2, also known as the Property Tax Modernization Amendment, would eliminate the constitutional protection of property taxes on business machinery, equipment and inventory and on personal motor vehicles, thus giving the Legislature the authority to eliminate these taxes through the normal legislative process.
Property taxes in West Virginia largely fund local boards of education, counties and municipalities, with a fraction going to the state.
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