Senate Bill No. 272

(By Senator Love)

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[Introduced March 10, 1997; referred to the Committee
on Finance.]
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A BILL to amend and reenact section twenty-eight, article three, chapter eleven of the code of West Virginia, one thousand nine hundred thirty-one, as amended; and to amend and reenact sections one and two, article one, chapter eleven-a of said code, all relating to providing a definition for tax year.

Be it enacted by the Legislature of West Virginia:
That section twenty-eight, article three, chapter eleven of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended and reenacted; and that sections one and two, article one, chapter eleven-a of said code be amended and reenacted, all to read as follows:
ARTICLE 3. ASSESSMENTS GENERALLY.

§11-3-28. Definitions.

The words "tax," "taxes," "taxable," and "taxation," in this chapter, shall be deemed to include county, district, independent school district and municipal corporation levies in all cases not inconsistent with the context.
The term "tax year" means the calendar year following the July first assessment day.
ARTICLE 1. ACCRUAL AND COLLECTION OF TAXES.

§11A-1-1. Definition of terms.

The words tax, taxes, taxable and taxation as used in this chapter shall, unless otherwise specified, be applicable to all levies on real or personal property made by any of the taxing units named in section four, article eight, chapter eleven of this code.
The term "tax year" means the calendar year following the July first assessment day.
The words land or lands or tract or tracts of lands, or lot or lots, or real estate, or real property, or part or parcel of a tract or lot, or estate or estates in land, as used in this chapter, shall be deemed to include an undivided interest in any freehold estate in land.
§11A-1-2. Lien for real property taxes.

There shall be a lien on all real property for the taxes assessed thereon, and for the interest and other charges upon such taxes, at the rate and for the period provided by law, which lien shall attach on the first day of July, one thousand nine hundred sixty-one, and each July first thereafter for the taxes payable for the ensuing fiscal calendar year.


NOTE: The purpose of this bill is to define "tax year" as the calendar year following the July first assessment day.

Strike-throughs indicate language that would be stricken from the present law, and underscoring indicates new language that would be added.