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WV HB2722
Bill
Status
Introduced
2/21/2025
Primary Sponsor
Elliott Pritt
Click for details
AI Summary
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Allows real and personal property taxes to be paid in four quarterly installments instead of the current two semi-annual installments
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Requires the Department of Tax and Revenue to establish quarterly payment due dates and mail quarterly bills to taxpayers as reminders
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Maintains the existing 2.5% discount for taxes paid on or before their due date
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Preserves current biannual payment option with first installment due September 1 (delinquent October 1) and second installment due March 1 (delinquent April 1)
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Retains the 9% annual interest penalty for delinquent biannual payments
Legislative Description
Allowing for taxes to be paid quarterly
Taxation
Last Action
To House Finance
2/21/2025
Committee Referrals
Finance2/21/2025
Full Bill Text
No bill text available