This bill proposes the repeal of section 11-6J-3 of the Code of West Virginia, 1931, which pertains to the ad valorem property valuation of specialized high-technology property. The legislation aims to eliminate the existing framework that establishes how such properties are valued for tax purposes.

By repealing this section, the bill seeks to remove the specific valuation guidelines that currently apply to specialized high-technology properties, thereby potentially affecting how these properties are assessed and taxed in the future. The bill does not introduce any new legal language or amendments but focuses solely on the removal of the existing statute.