West Virginia Legislature
2019 Regular Session
Introduced
House Bill 2139
(By Delegate Caputo)
[Introduced January 9, 2019; Referred
to the Committee on the Judiciary then Finance.]
A BILL to amend and reenact §11A-1-3 of the Code of West Virginia, 1931, as amended, relating to allowing quarterly payment of real and personal property taxes.
Be it enacted by the Legislature of West Virginia:
ARTICLE 1. ACCRUAL AND COLLECTION OF TAXES.
§11A-1-3. Accrual; time for payment; interest on delinquent taxes.
(a) All current taxes assessed on real and personal
property may be paid in two installments. The first installment shall be
is payable on September 1 of the year for which the assessment is made
and shall become becomes delinquent on October 1; the second
installment shall be is payable on the first day of the
following March 1 and shall become becomes delinquent on April
1. Taxes paid on or before the date when they are payable, including both
first and second installments or quarterly installments, shall be
are subject to a discount of two and one-half percent. If taxes are not
paid on or before the date on which they become delinquent, including
both first and second installments or quarterly installments, interest
at the rate of nine percent per annum shall be added from the date they become
delinquent until paid. Beginning July 1, 2019, current taxes assessed on
real and personal property may be paid in quarterly installments: (1) The first
quarterly installment is payable on September 1 of the year for which the
assessment is made and becomes delinquent on October 1; (2) the second
quarterly installment is payable on the following January 1 and becomes
delinquent on February 1; (3) the third installment is payable on the following
March 1 and becomes delinquent on April 1; and (4) the fourth installment is
payable on the following August 1 and becomes delinquent on September 1.
(b) With regard to real and personal property taxes, when
any return, claim, statement or other document is required to be filed or any
payment is required to be made within a prescribed period or before a
prescribed date and the applicable law requires delivery to the office of the
sheriff of a county of this state, the methods prescribed in §11-10-5f of this code for timely
filing and payment to the Tax Commissioner or Department of tax and
Revenue shall be the same methods utilized used for timely filing
and payment with such the sheriff. Nothing contained in this
subsection (b) shall prohibit prohibits the sheriff from
establishing additional methods of payment in accordance with the provisions of
section eight-a of this article.
NOTE: The purpose of this bill is to allow quarterly payment of real and personal property taxes.
Strike-throughs indicate language that would be stricken from a heading or the present law, and underscoring indicates new language that would be added.