WV HB3332

Removes the July 1, 2025 sunset date on the right of first refusal for land reuse agencies and municipal land banks to purchase certain tax-delinquent properties before public auction

Eliminates the reporting requirement that previously required land reuse agencies and municipal land banks to submit reports to the Joint Committee on Government and Finance by January 1, 2025 regarding their tax-delinquent property purchases

Qualifying properties for first refusal purchase include those with assessed value of $50,000 or less, properties with municipal liens exceeding back taxes, properties on vacant registries for 24+ months, properties unsold at previous tax sales, or condemned properties

Adjacent property owners retain the right to be notified within 15 days of a land reuse agency obtaining a tax deed and have 120 days to express interest in purchasing the property at cost plus expenses