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The Wetzel County Board Of Education met on May 13, 2024 at the county board office. Board President Linda Fonner opened the meeting with the Pledge of Allegian
Gov. Jim Justice has signed into law, on March 27, 2024, legislation to remove a sunset provision on West Virginia gas and oil tax assessment methodology backed by the industry but unpopular with landowners and tax officials in gas-producing counties. The law, House Bill 4850, eliminates a sunset provision that was slated to go into effect July 1, 2025.
The West Virginia Senate sent a bill removing a sunset provision on the state's gas and oil tax assessment methodology to the governor on Feb. 23, 2024. House Bill 4850 lifts a July 2025 sunset date, but the current methodology has proven unpopular with tax assessors and landowners in gas-producing counties.
On Feb. 19, 2024, the West Virginia House of Delegates passed House Bill 4850, which would remove a sunset clause on the state's gas and oil property tax assessment methodology, which has proven controversial despite industry support, sparking claims it has overburdened assessors and short-changed landowners.
CHARLESTON — For the second year in a row, issues with property tax valuations for natural gas and oil-producing personal property continue to plague taxpayer