summary
Introduced
01/16/2026
01/16/2026
In Committee
02/05/2026
02/05/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to enact the Tax Efficiency Act of 2026, allowing municipal business and occupation or privilege taxes to be paid utilizing the statewide electronic data processing system network.
AI Summary
This bill, titled the "Tax Efficiency Act of 2026," allows municipalities to collect their business and occupation or privilege taxes, which are local taxes on businesses, through the state's existing electronic data processing system network. This system, referred to as the "system," is already used for administering property taxes and will be modified to include municipal business and occupation taxes. The Tax Commissioner will manage this process, with participating municipalities sharing costs, and can offer an optional computerized billing and accounting system to them. Payments made through this system will be deposited into a new "municipal business and occupation or privilege tax fund." The bill also clarifies that payments remitted via the system on or before the due date will be considered timely, even if received by the municipality after the due date.
Committee Categories
Budget and Finance
Sponsors (8)
David McCormick (R)*,
Ryan Browning (R),
Vernon Criss (R),
Bob Fehrenbacher (R),
Joe Funkhouser (R),
Jonathan Kyle (R),
Jordan Maynor (R),
Clay Riley (R),
Last Action
Standing Committee on Finance Meeting (00:00:00 2/23/2026 House Finance Committee Room) (on 02/23/2026)
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=4418&year=2026&sessiontype=RS&btype=bill |
| Fiscal Note - Tax & Revenue Department, WV State | http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=954078190 |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4418%20intr.htm&yr=2026&sesstype=RS&i=4418 |
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