Senate Bill No. 375
(By Senators Ross, Anderson, Minard,
Snyder, Unger and Minear)
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[Introduced March 2, 2001; referred to the
Committee on Finance;
and then
to the Committee on the Judiciary.]
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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 the
percentage of completion of improvements and infrastructure
development in a recorded plan or plat.
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
twenty-fourth day of July, two thousand, under the authority of
section one-b, article three, chapter eleven, of this code,
modified by the tax commissioner to meet the objections of the
legislative rule-making review committee and refiled in the state
register on the fifteenth day of December, two thousand, relating
to the tax commissioner (valuation of percentage of completion of
improvements and infrastructure development in a recorded plan or
plat, 110 CSR 4), is authorized.
NOTE: The purpose of this bill is to authorize the Tax
Commissioner to promulgate a legislative rule relating to the
Valuation of the Percentage of Completion of Improvements and
Infrastructure Development in a Recorded Plan or Plat.
This section is new; therefore, strike-throughs and underscoring have been omitted.