Bill
Bill > HB4252
WV HB4252
WV HB4252Relating to authorizing the Tax Department to promulgate a legislative rule relating to the valuation of timberland and managed timberland.
summary
Introduced
01/14/2026
01/14/2026
In Committee
01/14/2026
01/14/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to authorize the Tax Department to promulgate a legislative rule relating to valuation of timberland and managed timberland.
AI Summary
This bill authorizes the West Virginia Tax Department to create and implement a formal legislative rule, which is a type of regulation that has the force of law, specifically concerning how timberland and managed timberland are valued for tax purposes. This rule, identified as 110 CSR 01H and filed in the State Register on July 25, 2025, is being established under the authority granted by section 11-1C-11b of the West Virginia Code, providing the Tax Department with the legal basis to define and apply consistent valuation methods for these types of properties.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Standing Committee on Finance Meeting (09:00:00 2/23/2026 House Finance Committee Room) (on 02/23/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4252&year=2026&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4252%20intr.htm&yr=2026&sesstype=RS&i=4252 |
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