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
A BILL to amend the Code of West Virginia, 1931, as amended, by adding two new sections, designated §11-8-5a and §11-15-8e, relating to taxation of certain forestry equipment; classifying certain forestry equipment as Class I property; defining forestry equipment for Class I property classification; exempting the sale of forestry equipment from the consumers sales and service tax; and providing for effective dates.
AI Summary
This bill aims to support West Virginia's forestry industry by reclassifying certain forestry equipment. Specifically, it designates forestry equipment primarily used for harvesting, processing, or transporting forest products as "Class I property," which is a classification typically reserved for personal property used exclusively in agriculture, recognizing forestry's economic importance. This classification applies to equipment owned by the forest product producer and includes items like skidders, feller-bunchers, and loaders, but excludes vehicles that wouldn't qualify for a farm use exemption. Furthermore, the bill exempts the sale of this defined forestry equipment from the state's consumers sales and service tax. These changes are set to take effect on July 1, 2026.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
On 1st reading, Special Calendar (on 02/26/2026)
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=4416&year=2026&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4416%20sub1.htm&yr=2026&sesstype=RS&i=4416 |
| Fiscal Note - Tax & Revenue Department, WV State | http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=956312274 |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4416%20intr.htm&yr=2026&sesstype=RS&i=4416 |
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