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WV SB45

Bill

Official Source

Status

Introduced

1/14/2026

Primary Sponsor

Darren Thorne

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Expands eligibility for reduced farm property valuation to corporations not primarily engaged in farming, provided their farm property produces at least $20,000 annually in agricultural products for sale, consumption, or use
  • Allows all parcels of farm property owned by a qualifying corporation to be considered together when determining the $20,000 production threshold, regardless of whether the parcels are contiguous
  • Amends §11-1A-10 of the West Virginia Code governing appraisal of farm property
  • Maintains existing requirement that farm property be appraised based on fair and reasonable value for farming purposes rather than potential alternative uses
  • Introduced January 14, 2026, and referred to the Senate Agriculture Committee and then Finance Committee

Legislative Description

Allowing reduced property valuation for certain farmland

Agriculture

Last Action

To Agriculture

1/14/2026

Committee Referrals

Agriculture1/14/2026

Full Bill Text

No bill text available