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WV HB2722

Bill

Status

Introduced

2/21/2025

Primary Sponsor

Elliott Pritt

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Allows real and personal property taxes to be paid in four quarterly installments instead of the current two semi-annual installments

  • Requires the Department of Tax and Revenue to establish quarterly payment due dates and mail quarterly bills to taxpayers as reminders

  • Maintains the existing 2.5% discount for taxes paid on or before their due date

  • Preserves current biannual payment option with first installment due September 1 (delinquent October 1) and second installment due March 1 (delinquent April 1)

  • 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