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WV SB1002
Bill
AI Summary
- Counties and municipalities may create special assessment districts to finance utility infrastructure expansion for new housing developments
- Districts require a public hearing with 20 days notice, and creation must specify boundaries, proposed improvements, cost estimates, and maximum annual fee rates
- Each district must establish a board of at least seven uncompensated members who submit annual reports on receipts, disbursements, activities, and proposed budgets
- Special assessment fees become liens on real property (second only to government taxes) and must be deposited in a dedicated district fund that cannot supplant existing services
- Districts automatically dissolve after 20 years unless reinstated, and bonds issued to finance improvements are limited obligations not backed by general county/municipal credit or taxing powers
Legislative Description
Allowing counties and municipalities to create special assessment districts
Boards and Commissions
Last Action
To Energy, Industry, and Mining
2/19/2026
Committee Referrals
Energy, Industry and Mining2/19/2026
Full Bill Text
No bill text available