HB 3223
Relating to fees collected and deposited into the Affordable Housing Fund
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Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill proposes to increase fees collected on the sale of factory-built homes and real estate transactions in West Virginia. Specifically, it raises the fees from $20 to $40 for factory-built homes and increases the excise tax rate for real estate transfers. The collected funds will be deposited into the Affordable Housing Fund (AHF). Furthermore, the bill outlines a tiered distribution of these collected funds, with a portion allocated to county general funds and a smaller portion dedicated to improving election administration, infrastructure, and security for county clerks.
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