Notwithstanding any other provision of this code to the contrary, the value of specialized manufacturing production property, for the purpose of ad valorem property taxation under this chapter and under Article X of the Constitution of this state, shall be its salvage value.
W. Va. Code § 11-6E-3
Valuation of specialized manufacturing production property
Known as the Specialized Manufacturing Production Property Valuation Act
The act spans §§ 11-6E-1 to 11-6E-6 (6 sections).
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.