W. Va. Code R. § 110-1J-1

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 110-1J-1 - General

1.1.Scope. -- This rule provides the mass appraisal methodology the State Tax Commissioner shall use to determine the appraised value of producing and reserve oil and natural gas properties for ad valorem tax purposes.

1.2.Authority. -- W. Va. Code §§ 11-1C-5(b), 11-1C-5a, and 11-1C-10(d).

1.3.Filing date. -- April 24, 2023.

1.4.Effective date. -- April 24, 2023.

1.5.Sunset Provision. -- This rule shall terminate and have no further force or effect on August 1, 2028.

W. Va. Code R. § 110-1J-1