Authorizes the Tax Department to create a rule for valuing public utility property for property tax purposes.
West Virginia HB4253 authorizes the Tax Department to promulgate a legislative rule for the valuation of public utility property for ad valorem property tax purposes. This rule was previously filed and modified to meet objections from the Legislative Rule-Making Review Committee. The bill amends Section 64-7-1 of the West Virginia Code to authorize this rule.
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