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 of land. The bill outlines that the commission must hold a public hearing and submit an application to the West Virginia Development Office for approval, similar to the requirements set for other counties. This addition is marked by the insertion of new legal language into the existing statute.

Additionally, the bill emphasizes the need for annual reports from jurisdictions that impose a special district excise tax, detailing tax collections, property assessments, business operations, and any associated debts. This requirement aims to ensure transparency and accountability in the management of the economic opportunity development districts. Overall, the bill seeks to enhance economic development in Berkeley County while maintaining oversight through mandated reporting.

Statutes affected:
Introduced Version: 7-22-9