Bill > HB4064

This bill modifies the existing West Virginia consumers sales tax on motor vehicles to explicitly include the exchange of used cars, meaning the trade-in value of a vehicle will be deducted from the total sale price before the tax is calculated, regardless of whether the new or used vehicle is being purchased. The bill also clarifies that this tax applies to all motor vehicles used within West Virginia by residents, even if purchased out of state, and defines "sale" broadly to encompass various transfers of possession or ownership for consideration, including casual sales between individuals. While the general tax rate remains five percent, it increases to six percent for purchases made on or after July 1, 2017. The bill also outlines specific exemptions from this tax, such as for rental car businesses, certain corporate transfers, senior citizen service organizations, active duty military personnel returning to the state, registered dealers, government entities, urban mass transit, and residents who previously titled the vehicle in another state and are establishing residency in West Virginia. Additionally, it clarifies that no municipal or local sales taxes apply to motor vehicle sales or certain tangible personal property, with the exception of this state-level tax, and dedicates all collected taxes to the State Road Fund for highway purposes.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4064&year=2026&sessiontype=RS&btype=bill