This bill aims to amend the Code of West Virginia by adding a new section, 11-13MM-8A, which clarifies the payment of ad valorem taxes related to oil and gas extraction wells. Specifically, it addresses situations where the well pad is situated in a different county than the property from which the well draws resources.

Under the proposed legislation, if a well pad is located in a different county than the property, the ad valorem taxes will be paid to the county where the property is located, rather than the county where the well pad is situated. This change is intended to provide clarity and ensure that tax payments are directed appropriately based on property location.

Statutes affected:
Introduced Version: 11-13MM-8