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Justice signs gas and oil tax valuation bill into law | Legislative Session

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.

Wetzel-county , West-virginia , United-states , Ohio , Scott-sonda , Jim-justice , Eric-tarr , Scott-lemley , Senate-finance-committee , Tax-division , Us-senate , House-bill

Judge dismisses forced gas and oil well unitization lawsuit | Energy and Environment

A judge dismissed a federal lawsuit over a law the West Virginia Legislature passed in 2022 that changed the share of oil and gas production to which a royalty owner is entitled. The judge dismissed the lawsuit over Senate Bill 694, finding the Northern West Virginia mineral interest owners who challenged it lacked standing to bring the lawsuit.

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Bill killing sunset on gas/oil property tax goes to Justice | Legislative Session

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.

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WV House approves nixing gas and oil property tax sunset | Legislative Session

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.

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Natural gas property tax valuation issues continue for second year | News, Sports, Jobs

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

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West Virgiia natural gas property tax valuation issues continue for second year

CHARLESTON – For the second year in a row, issues with property tax valuations for natural gas and oil-producing personal property continue to plague taxpayers.

Wetzel-county , West-virginia , United-states , Virginia , Marshall-county , Doddridge-county , Brooke-county , Pleasants-county , Harrison-county , Ohio , Monongalia-county , Tyler-county

Clog in the Pipeline: West Virginia sees natural gas property tax valuation issues continue for second year | News, Sports, Jobs

CHARLESTON — For the second year in a row, issues with property tax valuations for natural gas and oil-producing personal property continue to plague taxpay

Wetzel-county , West-virginia , United-states , Harrison-county , Pleasants-county , Monongalia-county , Ohio , Doddridge-county , Virginia , Brooke-county , Tyler-county , Marshall-county

Natural Gas Valuation Headaches Continue in West Virginia | News, Sports, Jobs

CHARLESTON — For the second year in a row, issues with property tax valuations for natural gas and oil-producing personal property continue to plague taxpayers. One county assessor and several property owners vented their frustrations Wednesday at a public hearing before the West Virginia House of Delegates regarding a separate bill to eliminate a sunset […]

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Speakers split on oil and gas property tax bill | Legislative Session

Only gas and oil industry representatives expressed support for House Bill 4850, which would remove a sunset provision on gas and oil property tax methodology, during a public hearing on the bill. HB 4850 would remove a sunset clause set for next year on the methodology that has drawn criticism that it's unfair to taxpayers.

Wetzel-county , West-virginia , United-states , Ohio , Maribeth-anderson , Scott-sonda , Scott-lemley , House-finance-committee , House-of-delegates-chamber , Virginia-legislature , Supreme-court , Oil-association

Court Orders Review of Constitutional Challenge Oil and Gas Law

Court Orders Review of Constitutional Challenge Oil and Gas Law
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