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Legislature adopts compromise amendment to natural gas property tax bill | News, Sports, Jobs


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State Sen. Mike Maroney presents a compromise amendment to a bill dealing with property tax valuations of active oil and natural gas wells. (Photo Courtesy/WV Legislative Photography)
CHARLESTON – A compromise was reached between the West Virginia Senate and the House of Delegates on a bill creating a better property tax valuation system for oil and natural gas wells and effect tax revenue for counties
House Bill 2581, providing for the valuation of natural resources property and an alternate method of appeal of proposed valuation of natural resources property, unanimously passed the Senate Saturday on the final day of the 2021 legislative session. ....

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