Bill > HB4031

This bill aims to ensure fair and equitable real property assessments by making it unlawful to increase a property's assessed value without a valid reason, such as to simply generate more revenue. Specifically, it mandates that any increase in a property's assessed value must be based on a periodic review, evaluation, and inspection conducted on a three-year cycle. Furthermore, the bill requires that the reasons for any increased assessments must be justified and publicly announced.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4031&year=2026&sessiontype=RS&btype=bill