Bill Text: WV HB5591 | 2024 | Regular Session | Introduced

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Bill Title: Relating to required modification of levy rates resulting from increased valuation yield

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2024-02-14 - To House Judiciary [HB5591 Detail]

Download: West_Virginia-2024-HB5591-Introduced.html

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WEST VIRGINIA LEGISLATURE

2024 REGULAR SESSION

Introduced

House Bill 5591

By Delegates Jeffries, Westfall, Riley, and W. Hall

[Introduced February 12, 2024; Referred to the Committee on Banking and Insurance then the Judiciary]

A BILL to repeal §11-8-6E, §11-8-6F, and §11-8-6G of the Code of West Virginia, 1931, as amended, relating to required modification of levy rates resulting from increased valuation yield.

Be it enacted by the Legislature of West Virginia:

 

ARTICLE 8.  LEVIES.

§1. Repeal of sections relating to required modification of levy rates resulting from increased valuation yield

That §11-8-6E, §11-8-6F, and §11-8-6G of the Code of West Virginia, 1931, as amended, are repealed.

 

NOTE: The purpose of this bill is to repeal archaic provisions of the "Fair and Equitable Property Valuation" statutes adopted in 1990.

Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.