Senate Bill No. 561
(By Senators Barnes, Hall and Sypolt)
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[Introduced February 12, 2010; referred to the Committee on
Government Organization; and then to the Committee on Finance.]
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A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §8-13C-5a, relating
to establishing the method that municipalities shall calculate
their business and occupation tax on gasoline distributers and
dealers.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended
by adding thereto a new section, designated §8-13C-5a, to read as
follows:
ARTICLE 13C. MUNICIPAL TAX IN LIEU OF BUSINESS AND OCCUPATION
TAX; AND MUNICIPAL TAXES APPLICABLE TO PENSION
FUNDS; ADDITIONAL AUTHORITIES RELATING TO PENSIONS
AND BOND ISSUANCE.
§8-13C-5c. Business and occupation tax imposed on gasoline
distributors and dealers.
Notwithstanding any provision of this code to the contrary,
every municipality shall calculate its business and occupation tax
on gasoline provided by gasoline distributors and dealers by
computing its tax upon the base price of the gasoline purchased
minus all federal and state taxes.
NOTE: The purpose of this bill is to establish the method that
municipalities calculate its business and occupation for gasoline
distributors and dealers.
This section is new; therefore, strike-throughs and
underscoring have been omitted.