West Virginia Code § 11-1A-11

Valuation of certain classes or species of property; reserve coal
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properties; oil producing properties; gas producing properties; timberland; active
mining mineral interest; commercial real property and industrial land; commercial
and industrial furniture, fixtures, machinery and equipment; intangible personal
property; public utility property; vehicles, watercraft and aircraft.
On or before September 1, 1983, the Tax Commissioner shall propose a legieslative rule for
submission to the Legislature pursuant to the provisions of article three, chapter twenty-
nine-a of this code, which rule shall describe in detail the methods wherreby the Tax
Commissioner will determine the market value, during the first statewide reappraisal, of the
following property:
(1) Active and reserve coal properties; t
(2) Oil producing properties;
(3) Gas producing properties; l
(4) Timberland;
(5) Active mining mineral interests including limestone, fireclay, dolomite, sandstone and
other actively mined minerals;
(6) Commercial real property and industrial land;
(7) Commercial and induLstrial furniture, fixtures, machinery and equipment;
(8) Intangible personal property, including stock, accounts receivable and stocks in banks
and capital of savings and loan associations;
(9) Public utility property; and
(10) Vehicles, watercraft and aircraft.

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