SB 1002
Allowing counties and municipalities to create special assessment districts
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- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill allows West Virginia counties and municipalities to establish ‘Special Assessment Districts’ to finance public improvements, particularly utility infrastructure expansions, that benefit a specific geographic area. The districts would levy fees on property owners within the affected zone to cover the costs. The bill outlines procedures for creating, operating, and dissolving these districts, including public hearings, board composition, and bond issuance options. It also addresses the potential for expanding the district’s boundaries and abolishing the district after a set period.
Key provisions
- Authorizes counties and municipalities to create special assessment districts.
- Establishes procedures for district creation, including public hearings and notice requirements.
- Permits the levy of service fees on properties within the district.
- Provides for the creation of a special assessment district fund.
- Allows for the issuance of bonds or notes to finance district improvements.
- Outlines the duties of a district board, including annual reporting.
- Establishes a process for amending district boundaries.
- Specifies a maximum term for special assessment districts (20 years).
Who is affected
- Counties in West Virginia
- Municipalities in West Virginia
- Property owners within special assessment districts
- Utility companies
- Local governments
Notable changes
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