Bill
Bill > SB299
summary
Introduced
01/15/2026
01/15/2026
In Committee
01/15/2026
01/15/2026
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 legislative rule, which is a formal regulation, concerning how timberland and managed timberland are valued for tax purposes. This rule, filed in the State Register on July 25, 2025, and identified as 110 CSR 01H, 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 specific valuation methods for these types of land.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
To Finance (on 01/15/2026)
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=299&year=2026&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb299%20intr.htm&yr=2026&sesstype=RS&i=299 |
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