Government, Latest News, Monongalia County, State Government, West Virginia Legislature

HB 125 looks to clear up property tax rebate confusion

MORGANTOWN — During a brief report Wednesday before the Monongalia County Commission, Assessor Mark Musick explained that all West Virginians who pay in a timely fashion are now eligible for a rebate of half their 2023 vehicle taxes. 

This is due to House Bill 125, passed during the recent special session of the West Virginia Legislature. 

HB 125 is actually a clarification of House Bill 2526, which put in place a mechanism for refundable tax credits on various categories of property taxes paid after January 2024. For most, that meant second-half payments for 2023 vehicle taxes would be the first to qualify for credits. 

Under HB 2526, taxpayers were still welcome to pay for the entire year before Oct. 1, but waiting until 2024 to pay the second half would provide a one-time opportunity for a larger rebate as half the 2023 ticket and the full 2024 ticket could be paid in 2024.

With the passage of HB 125, however, taxpayers are eligible to get that second half rebate regardless of whether they pay in full this fall or in two installments.   

Either way, you must file and pay in a timely manner to qualify. 

Individuals must file personal property assessments by Oct. 1. For businesses, the deadline is Sept. 1. 

First-half (or full) payments must be made before Oct. 1 and second-half payments must be received before April 1.  

That rebate, as well as rebates on eligible property taxes paid in 2024, will be included as part of your 2025 West Virginia tax returns. 

In other news from Wednesday’s meeting, Commission President Tom Bloom said the U.S Capitol Christmas Tree — known as “The People’s Tree” — will pass through Morgantown and Monongalia County on its way from Monongahela National Forest to Washington D.C. 

Bloom said the tree will make several stops on Nov. 11, including an appearance at a holiday kickoff celebration downtown. 

“Just to try to get the Christmas tree downtown on High Street is unbelievable because of how large it is with the truck. We’ll probably have to close some roads and have the truck come up Walnut Street and make the turn,” he said. “It’s going to be an event.” 

TWEET @DominionPostWV