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WV HB4039
Bill
Status
Introduced
1/14/2026
Primary Sponsor
Phil Mallow
Click for details
AI Summary
- Limits the amount county tax assessors can increase assessed valuations on antique or classic vehicles from one tax year to the next
- Requires county assessors to provide written justification to vehicle owners before any valuation increase can take effect
- Allows justification based on correlation to inflation, cost-of-living index, or proven increased activity in the antique/classic car market
- Prohibits random valuation increases or increases based solely on county revenue projections
- Adds new section §11-5-16 to West Virginia Code relating to personal property assessment
Legislative Description
Limit amount a county tax assessor can increase assessed value of antique or classic cars
Taxation
Last Action
To House Finance
1/14/2026
Committee Referrals
Finance1/14/2026
Full Bill Text
No bill text available