West Virginia SB749 authorizes county commissions to levy special district excise taxes for economic development districts.
West Virginia SB749 amends the state code to authorize county commissions to levy special district excise taxes for economic development districts. Specifically, it allows the Berkeley County Commission to levy a tax for the Berkeley County Economic Opportunity Development District. The bill also outlines the conditions and procedures for establishing and maintaining these districts, including public hearings and annual reporting requirements. The Fort Henry Economic Opportunity Development District is set to be abolished by 2054 unless sooner terminated.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.