This bill amends the Code of West Virginia to authorize the Berkeley County Commission to levy a special district excise tax for the Berkeley County Economic Opportunity Development District, which encompasses approximately 275 contiguous acres. The bill specifies that the levy is subject to certain conditions, including holding a public hearing and obtaining approval from the West Virginia Development Office, as outlined in existing provisions of the code. This addition is part of a broader legislative framework that allows various county commissions to impose similar taxes for designated economic opportunity development districts.

In addition to the new authorization for Berkeley County, the bill also outlines the requirements for annual reporting by jurisdictions that impose a special district excise tax. These reports must detail tax collections, property assessments, business operations within the district, and any associated debts. The intent of the bill is to facilitate economic development in Berkeley County while ensuring transparency and accountability in the management of the excise tax revenues.

Statutes affected:
Introduced Version: 7-22-9