110 CSR 1I
Senate Bill No. 404

(By Senators Minard, Fanning, Prezioso,

Unger, Boley and Minear)

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[Introduced January 30, 2006; referred to the

Committee on Finance;

and then to the Committee on the Judiciary.]

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A BILL to amend and reenact article 7, chapter 64 of the Code of West Virginia, 1931, as amended, relating to authorizing the Tax Department to promulgate a legislative rule relating to the valuation of active and reserve coal property for ad valorem property tax purposes.

Be it enacted by the Legislature of West Virginia:
That article 7, chapter 64 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 7. AUTHORIZATION FOR DEPARTMENT OF TAX AND REVENUE TO PROMULGATE LEGISLATIVE RULES.

 §64-7-1. Tax Department.
The legislative rule filed in the state register on the twenty-ninth day of July, two thousand five, authorized under the authority of section eleven, article one-a, chapter eleven, of this code, relating to the Tax Department (valuation of active and reserve coal property for ad valorem property tax purposes, 110 CSR 1I), is authorized.

NOTE: The purpose of this bill is to authorize the Tax Department to promulgate a legislative rule relating to the Valuation of Active and Reserve Coal Property for Ad Valorem Property Tax Purposes.

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