Senate Bill No. 517
(By Senator Ross)
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[Introduced February 16, 2000; referred to the
Committee on Finance.]
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A BILL to amend article six-g, chapter eleven of the code of West
Virginia, one thousand nine hundred thirty-one, as amended,
by adding thereto two new sections, designated sections
three-a and three-b, all relating to paying ad valorem taxes
on proportionately registered commercial motor vehicles and
the apportionment of such fees.
Be it enacted by the Legislature of West Virginia:
That article six-g, chapter eleven of the code of West
Virginia, one thousand nine hundred thirty-one, as amended, be
amended by adding thereto two new sections, designated sections
three-a and three-b, all to read as follows:
ARTICLE 6G. ASSESSMENT OF INTERSTATE PUBLIC SERVICE CORPORATION MOTOR VEHICLE BUSINESS REGISTERED UNDER A
PROPORTIONAL REGISTRATION AGREEMENT.
§11-6G-3a. Reduced fees for portion of year.
The ad valorem fees herein prescribed shall be for the entire
fiscal year: Provided, That where application for a proportional
registration is made between the first day of October and the
thirty-first day of December, inclusive, in any fiscal year, the
charge therefor shall be three quarters of a yearly fee, and when
application for the registration is made between the first day of
January and the thirty-first day of March, inclusive, in any
fiscal year, the charges shall be one half of the yearly fee, and
where application for the registration is made between the first
day of April and the thirtieth day of June, inclusive, in any
fiscal year, the charges shall be one quarter of the yearly fee.
§11-6G-3b. Reduced fees for exchange of vehicles.
The ad valorem fees herein prescribed shall be reduced in the
amount of ad valorem fees paid on the original vehicle upon the
transfer of registration by an owner from one vehicle to another
vehicle of the same class in addition to the payment of any
difference in fees as provided in section three, article six-g of
this chapter.
NOTE: The purpose of this bill is to establish that ad
valorem taxes on proportionally registered commercial vehicles
collected for an entire fiscal year may be proportionally applied
by quarters and that fees paid on one proportionally registered
commercial motor vehicle may be proportionally applied to any
replacement vehicle registered within the same fiscal year.
Sections 3a and 3b are new, therefore, strike-throughs and
underscoring have been omitted.
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