Limits payment of taxes by co-owners or other interested parties in West Virginia.

West Virginia SB588 amends the Code of West Virginia to restrict how co-owners or other interested parties can pay taxes on real estate. It specifies that any co-owner whose interest is not subject to separate assessment can pay the entire tax amount but not a partial amount. If the interest is subject to separate assessment, the co-owner can pay taxes on their own interest or on the interest of others. The bill also outlines procedures for splitting group assessments and filing claims for tax payments.

Limits payment of taxes by co-owners or other interested parties in West Virginia.

West Virginia SB588 amends the Code of West Virginia to restrict how co-owners or other interested parties can pay taxes on real estate. It specifies that any co-owner whose interest is not subject to separate assessment can pay the entire tax amount but not a partial amount. If the interest is subject to separate assessment, the co-owner can pay taxes on their own interest or on the interest of others. The bill also outlines procedures for splitting group assessments and filing claims for tax payments.