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Bill > HB2399


WV HB2399

WV HB2399
Relating to the taxation of managed timber


summary

Introduced
02/14/2025
In Committee
04/03/2025
Crossed Over
03/27/2025
Passed
04/07/2025
Dead
Signed/Enacted/Adopted
04/25/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT to amend and reenact §11-1C-10 and §11-1C-11 of the Code of West Virginia, 1931, as amended, relating to changing frequency of landowner managed timberland certifications required to be made to the Division of Forestry to every five years; and specifying rulemaking authority for the State Tax Commissioner and the Division of Forestry.

AI Summary

This bill modifies the managed timberland certification process in West Virginia by changing the frequency of landowner certifications from an unspecified period to every five years. Specifically, the bill requires landowners with managed timberland to certify in writing to the Division of Forestry every five years that their property meets the definition of managed timberland and commits to managing the property according to approved forest management practices. To make this renewal process more convenient, the bill mandates that the Division of Forestry create an online renewal form by October 1, 2023, which will include a simple process for landowners whose property information has not changed. The online renewal form will be free to submit, and landowners will only need to check a box confirming no changes if their information remains the same. The bill also provides rulemaking authority to both the State Tax Commissioner and the Division of Forestry to implement these changes, ensuring a streamlined approach to managing timberland certification and taxation. The goal of these modifications is to encourage forest land preservation while reducing administrative burden on landowners.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (7)

Last Action

Approved by Governor 4/25/2025 (on 04/25/2025)

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