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Bill > HB5534
WV HB5534
WV HB5534To reduce all titled vehicle personal property taxation values, except for mobile homes, from a Class IV assessment valuation to a Class II
summary
Introduced
02/16/2026
02/16/2026
In Committee
02/16/2026
02/16/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to reduce all titled vehicle personal property taxation values, except for mobile homes, from a class iv assessment valuation to a class ii.
AI Summary
This bill amends West Virginia law to reclassify titled vehicle personal property, excluding mobile homes, from Class IV to Class II for tax assessment purposes. This means that the value of these vehicles for taxation will now be assessed under the same classification as residential property and owner-occupied farms, rather than being grouped with other real and personal property located within municipalities, which is the current Class IV designation.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
To House Finance (on 02/16/2026)
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=5534&year=2026&sessiontype=RS&btype=bill |
| Fiscal Note - Tax & Revenue Department, WV State | http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=943460467 |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb5534%20intr.htm&yr=2026&sesstype=RS&i=5534 |
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