West Virginia HB4738 allows county commissions to impose a vacancy tax on vacant or mostly vacant structures.
West Virginia HB4738 grants county commissions the authority to impose an annual vacancy tax on real property containing vacant or mostly vacant structures. The tax can be a percentage of the property's assessed value or a flat fee based on the duration or severity of vacancy. The bill defines "vacant structure" and "mostly vacant structure" and outlines exemptions, including properties under renovation, listed for sale or lease, or temporarily unoccupied due to natural disasters or hardship. The tax is collected by the sheriff and unpaid taxes constitute a lien on the property.
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- Impact
- Legal Framework
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