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WV HB5405
Bill
Status
Introduced
2/10/2026
Primary Sponsor
Henry Dillon
Click for details
AI Summary
- Designates any landowner with 1,000 or more acres of land in aggregate within West Virginia as an "institutional landowner" (IL), including individuals, governments, and non-governmental entities
- Exempts land designated for public or semi-public facilities such as schools, hospitals, government buildings, and parks from the institutional landowner classification
- Requires the Secretary of State to maintain a list of all institutional landowners and contact them annually regarding mandatory filing requirements
- Mandates institutional landowners report detailed information including parcel inventories, economic activities, standing timber values, floodplain acreage, slope data, property taxes, and revenues from carbon offset agreements or other business activities
- Requires the Secretary of State to provide annual reports to the Joint Standing Committee on Agriculture and Rural Development summarizing land use trends, economic patterns, tax implications, and impacts on rural communities
Legislative Description
Designate landowners who own 1,000 or more acres within West Virginia as institutional landowners.
Real and Personal Property
Last Action
To House Government Organization
2/10/2026
Committee Referrals
Government Organization2/10/2026
Full Bill Text
No bill text available