W. Va. Code R. § 110-1K-1

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

Section 110-1K-1 - General

1.1. Scope. -- This rule provides the methodology the Tax Commissioner shall use to determine the appraised value of natural resources properties other than coal, oil or natural gas for ad valorem property tax purposes.

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

1.3. Filing Date. -- April 6, 1999.

1.4. Effective Date. -- May 1, 1999. This rule applies to tax years beginning on or after January 1, 2000.

1.5. Repeal of former rule. -- This legislative rule repeals and replaces WV 110 C.S.R. 1K, Valuation of Natural Resources Property Other Than Coal, Oil or Natural Gas for Ad Valorem Property Tax Purposes, filed July 26, 1991 and effective July 26, 1991.

W. Va. Code R. § 110-1K-1