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For two consecutive years, the West Virginia Tax Division has made a mess of property tax valuations for those with natural gas and oil holdings. In 2023, the mistakes focused on individual property tax assessments. This year, the mistake came due to a “clerical error” that led a handful of counties including Tyler, Wetzel, […]
State Sen. Laura Wakim Chapman tried to amend a bill Thursday to address concerns by the royalty owner community about a deal dealing with natural gas property tax valuations.
CHARLESTON, W.Va. — An amendment meant to provide fairness for royalty owners when it comes to natural gas property tax valuations by the West Virginia Tax Division failed Thursday, with
CHARLESTON An amendment meant to provide fairness for royalty owners when it comes to natural gas property valuations by the West Virginia Tax Division failed Thursday, with a bill to eliminate a sunset provision for the current valuation formula set for passage today. House Bill 4850, removing the sunset clause from the oil, natural […]