H. B. 3301
(By Delegates Williams, Campbell, Stemple,
Proudfoot, Michael and Hartman)
[Introduced March 25, 2005; referred to the
Committee on Finance.]
A BILL to amend and reenact §11-13A-3b of the Code of West
Virginia, 1931, as amended, relating to providing for a two
percent rebate to the taxpayer of the timber severance tax.
Be it enacted by the Legislature of West Virginia:
That §11-13A-3b of the Code of West Virginia, 1931, as
amended, be amended and reenacted to read as follows:
ARTICLE 13A. SEVERANCE TAXES.
§11-13A-3b. Imposition of tax on privilege of severing timber.
(a) Imposition of tax. --
For the privilege of engaging or
continuing within this state in the business of severing timber for
sale, profit or commercial use, there is hereby levied and shall be
collected from every person exercising such privilege, an annual
(b) Rate and measure of tax. --
The tax imposed in subsection
(a) of this section shall be three and twenty-two hundredths percent of the gross value of the timber produced, as shown by the
gross proceeds derived from the sale thereof by the producer,
except as otherwise provided in this article.
(c) Tax in addition to other taxes. --
The tax imposed by this
section shall apply to all persons severing timber in this state,
and shall be in addition to all other taxes imposed by law.
(d) Effective date. --
This section, as amended in the year
one thousand nine hundred ninety-three, shall apply to gross
proceeds derived after the thirty-first day of May of such year.
The language of section three of this article, as in effect on the
first day of January of such year, shall apply to gross proceeds
derived prior to the first day of June of such year and, with
gross income, shall be fully and completely
(e) Two percent rebate. -- Beginning in the year two thousand
six, and subsequent tax years thereafter, each taxpayer subject to
the imposition of tax under this section, shall receive a two
percent rebate of the total amount due upon payment of same.
NOTE: The purpose of this bill is to
provide for a two percent
rebate to the tax-payer of the timber severance tax.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would