Bill-Tax 110CSR1M
H. B. 2635

(By Delegates Mahan, Wills, Cann, Kominar,
Faircloth and Riggs)

[Introduced March 2, 2001; referred to the
Committee on Finance then the Judiciary.]

A BILL to amend article seven, chapter sixty-four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, by adding thereto a new section, designated section five, relating to authorizing the tax commissioner to promulgate a legislative rule relating to the valuation of public utility property for ad valorem property tax purposes.

Be it enacted by the Legislature of West Virginia:
That article seven, chapter sixty-four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended by adding thereto a new section, designated section five, to read as follows:

ARTICLE 7. AUTHORIZATION FOR DEPARTMENT OF TAX AND REVENUE TO PROMULGATE LEGISLATIVE RULES.

§64-7-5. Tax commissioner.
The legislative rule filed in the state register on the eleventh day of July, two thousand, under the authority of section five, article one-c, chapter eleven, of this code, relating to the tax commissioner (valuation of public utility property for ad valorem property tax purposes, 110 CSR 1M), is authorized.

NOTE: The purpose of this bill is to authorize the Tax Commissioner to promulgate a legislative rule relating to the Valuation of Public Utility Property for Ad Valorem Property Tax Purposes.

This section is new; therefore, strike-throughs and underscoring have been omitted.