West Virginia HB4418: Creating “The Tax Efficiency Act of 2026”

What the bill says

An act to amend and reenact §8-13-5 of the Code of West Virginia, 1931, as amended, relating to creating the "The Tax Efficiency Act of 2026" authorizing the design and implementation of an electronic data processing system by the Tax Commissioner to facilitate the filing and collection of municipal business and occupation or privilege taxes. ARTICLE 13. TAXATION AND FINANCE. §8-13-5. Business and occupation or privilege tax; limitation on rates; effective date of tax; exemptions; activity in two or more municipalities; administrative provisions; electronic data processing system to facilitate.

From the enrolled text, March 13, 2026:

AN ACT to amend and reenact §8-13-5 of the Code of West Virginia, 1931, as amended, relating to creating the "The Tax Efficiency Act of 2026" authorizing the design and implementation of an electronic data processing system by the Tax Commissioner to facilitate the filing and collection of municipal business and occupation or privilege taxes. ARTICLE 13. TAXATION AND FINANCE. §8-13-5. Business and occupation or privilege tax; limitation on rates; effective date of tax; exemptions; activity in two or more municipalities; administrative provisions; electronic data processing system to facilitate the filing and collection of municipal business and occupation or privilege taxes. (a) Authorization to impose tax. -- (1) Whenever any business activity or occupation, for which the state imposed its annual business and occupation or privilege tax under §11-13-1 et seq. of this code, prior to July 1, 1987, is engaged in or carried on within the corporate limits of any municipality, the governing body thereof shall have plenary power and authority, unless prohibited by general law, to impose a similar business and occupation tax thereon for the use of the municipality. (2) Municipalities may impose a business and occupation or privilege tax upon every person engaging or continuing within the municipality in the business of aircraft repair, remodeling, maintenance, modification, and refurbishing services to any aircraft, or to an …

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