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 in situations where the seat of a well is located in a different county than the property from which the well draws. The new legal language specifies that in such cases, the taxes should be paid to the county where the property being drawn from is situated, rather than the county where the well seat is located.

The bill addresses potential confusion regarding tax payments related to well operations and ensures that the appropriate county receives the revenue based on the source of the resource being extracted. This clarification is intended to streamline tax processes and provide clear guidance for property owners and operators of wells in West Virginia.

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