The proposed bill aims to establish a State Tax Lien Registry in West Virginia, creating a uniform system for filing notices of tax liens enforced by the Tax Division. This new section, designated as 11-10-12a, outlines the purpose of the registry, which is to manage tax liens on both real and personal property of taxpayers with unpaid final tax liabilities. The bill defines key terms such as "debtor," "final tax liability," and "registry," and mandates the Division to maintain a public database that includes essential information about each tax lien, such as the debtor's name and address, the tax lien number, and the amount owed.

Additionally, the bill specifies that once a notice of tax lien is filed, it is perfected and attaches to all property of the debtor across the state for a period of ten years, unless released sooner. The registry will be accessible electronically and in printed form, allowing for searches by debtor name or tax lien number without charge. The Tax Commissioner is also granted the authority to revoke erroneous certificates of release for tax liens and to establish rules for the implementation of this Act. The bill emphasizes that it will take precedence over any conflicting provisions in existing law regarding tax lien filing and recordation.

Statutes affected:
Introduced Version: 11-10-12a