2023 Regular SessionWest Virginia Legislature

HB3334: Valuation of industrial property and natural resources property by Tax Commissioner

Legislative Summary

The purpose of this bill is to provide that valuation of industrial property and natural resources property by Tax Commissioner interest may not exceed the average actual sale price of similarly situated and like royalty interests; and that this subdivision shall be effective for all assessments made on or after July 1, 2022.

Bill History

2/8/2023
Filed for introduction
House of Delegates
2/8/2023
To Energy and Manufacturing then Finance
House of Delegates
2/8/2023
Introduced in House
House of Delegates
2/8/2023
To House Energy and Manufacturing
House of Delegates

Status Information

Current Status
Introduced(2/8/2023)
Chamber
House of Delegates
Committee
Energy and Manufacturing(House of Delegates)
Sine DiePrior Session

Documents

Introduced
Bill Text1/1/197025.3 KB
Fiscal Note
Fiscal Note1/1/19708.1 KB