West Virginia House Bill 2493 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 10-0)
Status: Engrossed on March 30 2021 - 50% progression, died in committee
Action: 2021-03-31 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

The purpose of this bill is, for assessments made on or after July 1, 2022, to provide that the arithmetic means for annual production and average coal price to value coal properties shall be based upon the full calendar year immediately preceding the July 1st assessment date; to provide that the Tax Commissioner shall utilize an average coal density of 1800 tons per acre foot, unless clear and convincing evidence is submitted by a tax payer establishing a lower density value; to provide that density information reported on returns, due on or before May 1 of each year, shall be used to determine values for the immediately following July 1 assessments; to provide that the Tax Commissioner shall take into consideration economic viability and engineering considerations when establishing values for coal properties; to provide that coal beds which are of a thickness of less than thirty-five inches shall not be classified as mineable coal for valuation for property tax purposes unless there is clear and convincing evidence to the contrary; to provide that no permitted coal seam may be classified for taxation as active until actual depletion of coal commences under a permit; to provide that for any owner, operator, or producer which fails to make a return within the time required, any and all penalties imposed shall be equally and uniformly applied across all forms of industrial property and natural resources property; and to specify an effective date.

Providing valuation limitations for coal property taxation and clarifying the penalties for non-filers

Del. Vernon Criss [R]	Del. William Anderson [R]	Del. Dianna Graves [R]	Del. Eric Householder [R]
Sen. Jason Barrett [R]	Del. Paul Espinosa [R]	Del. Erikka Storch [R]	Del. Matthew Rohrbach [R]
Del. Marty Gearheart [R]	Del. Jeffrey Pack [R]

2021-03-30 - House - Passed House (Roll No. 324) (Y: 64 N: 34 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2021-03-31	Senate	To Finance
2021-03-31	Senate	To Finance
2021-03-31	Senate	Introduced in Senate
2021-03-30	House	Communicated to Senate
2021-03-30	House	Passed House (Roll No. 324)
2021-03-30	House	Read 3rd time
2021-03-30	House	On 3rd reading, Special Calendar
2021-03-30	House	Placed on Special Calender
2021-03-30	House	On 3rd reading, House Calendar
2021-03-25	House	Placed on House Calendar
2021-03-25	House	On 3rd reading, Special Calendar
2021-03-24	House	Do pass
2021-03-16	House	Recommitted to Finance on 3rd reading
2021-03-16	House	Read 3rd time
2021-03-16	House	On 3rd reading, Special Calendar
2021-03-15	House	Read 2nd time
2021-03-15	House	On 2nd reading, Special Calendar
2021-03-12	House	Read 1st time
2021-03-12	House	On 1st reading, Special Calendar
2021-03-11	House	Do pass
2021-02-24	House	To House Finance
2021-02-24	House	Do pass, but first to Finance
2021-02-15	House	To House Energy and Manufacturing
2021-02-15	House	Introduced in House
2021-02-15	House	To Energy and Manufacturing then Finance
2021-02-15	House	Filed for introduction

HB2493 (Carry Over) 2021-03-31 - To Finance

Chapter	Article	Section	Citation Type	Statute Text
11	6K	1	Amended Code	Citation Text
11	6K	3	Amended Code	Citation Text

Type	Source
Summary	http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=2493&year=2021&sessiontype=RS&btype=bill
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=HB2493%20INTR.htm&yr=2021&sesstype=RS&i=2493
Supplement	http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=798632990
Roll Call	http://www.wvlegislature.gov/legisdocs/2021/RS/votes/house/00324.pdf