WV HB2868

Requires counties and municipalities to tax residential rental properties at the same rate as owner-occupied housing, eliminating higher tax rates for investor-owned rentals

Prohibits counties and municipalities from assessing any additional property taxes on residential rental properties based on zoning classifications

Preserves existing sales and service taxes on rental businesses under state tax code

Directs the commission to establish rules for property assessment changes and classification forms, with rules due to the Legislative Rule-Making Review Committee by October 31, 2025

Legislative intent states the purpose is to keep rental housing affordable by preventing "double taxation" of rental properties