West Virginia 2025 Regular Session

West Virginia House Bill HB2112

Introduced
2/12/25  
Refer
2/12/25  

Caption

Relating to exemptions from excise taxes

Summary

House Bill 2112 amends West Virginia’s excise tax law on the transfer of real property by narrowing several exemptions from the state’s real estate transfer tax. The bill removes the exemption for certain transfers that are currently excluded from the definition of a taxable “document,” including some gifts and quitclaim deeds, and it adds a new exemption for transfers between siblings when made without consideration. It also updates the statutory definitions used in the transfer-tax article to reflect these changes. The bill’s stated purpose is to tighten the transfer-tax provisions and close loopholes that are being used to avoid paying transfer taxes. In practical terms, it would make more real-property conveyances subject to the excise tax, while preserving or clarifying exemptions for certain family transfers and other specifically listed transactions. The measure would affect property owners, families transferring property, title companies, attorneys, and county recording offices that process deeds and related instruments.

Impact

HB2112 would amend §11-22-1 of the West Virginia Code, which governs the excise tax on the privilege of transferring real property. By removing exemptions for certain gifts and quitclaim deeds, the bill would expand the set of transactions subject to transfer tax and likely increase tax collections on property conveyances that previously avoided the tax. It would also expressly add sibling-to-sibling transfers without consideration to the list of exempt documents, affecting how intra-family transfers are treated under state law and how deeds are drafted and recorded.

Sentiment

The bill appears to be framed positively by its sponsors as a tax-closure and anti-avoidance measure, with the legislative note emphasizing the need to eliminate loopholes in the transfer-tax system. No committee transcript or recorded vote information was provided, so there is no evidence of formal opposition or support beyond the bill’s text and stated purpose. Overall, the available context suggests a policy intent focused on enforcement and revenue protection rather than controversy over the underlying tax structure.

Contention

The main point of contention is likely the removal of exemptions for certain gifts and quitclaim deeds, which could be viewed by property owners and practitioners as reducing flexibility for non-sale transfers and increasing tax liability on transactions that were previously exempt. At the same time, the addition of a sibling-transfer exemption suggests an attempt to preserve relief for some family transfers, which may reflect a compromise between tax enforcement and family-property planning. Any debate would likely center on whether the bill closes legitimate loopholes or instead burdens ordinary intra-family conveyances and corrective deed practices.

Companion Bills

WV SB52

Similar To Relating to exemptions from excise taxes

Previously Filed As

WV HB115

Relating to the amount of surplus deposited into the Revenue Shortfall Reserve Fund and providing for an effective date

WV SB1015

Amending amount of surplus deposited into Revenue Shortfall Reserve Fund

WV SB1001

Supplementing and amending appropriations to Department of Health and Department of Human Services

WV HB101

Supplementing and amending appropriations to the Department of Health and Department of Human Services

WV SCR102

Extending State of Emergency and suspending certain requirements for Free Application for Federal Student Aid

WV SB1011

Expiring funds from Department of Revenue, PEIA Rainy Day Fund

WV SCR101

Urging US Department of Education to accelerate processing of Free Application for Federal Student Aid

WV SB1012

Expiring funds to Department of Arts, Culture, and History from Lottery Education Fund

WV HB114

Relating to political party nomination of presidential electors

WV HB111

Expiring funds to the unappropriated surplus balance in the State Fund, General Revenue, from the Department Revenue, State Budget Office, PEIA Rainy Day Fund

Similar Bills

NJ S2562

Permits refund of additional fee paid in excess of one percent of consideration of certain real property transfers if contract was executed prior to July 10, 2025.

NJ A2852

Eliminates tiered fee structure for fees and taxes imposed on property transfers valued over $1 million.

NJ S3309

Eliminates tiered fee structure for fees and taxes imposed on property transfers valued over $1 million.

NJ S4196

Modifies additional fees and taxes imposed on certain real property transfers valued over $1 million; expands imposition of fees and taxes to real property classified Industrial Property and certain Apartments.

NJ A5164

Modifies additional fee and taxes imposed on certain real property transfers valued over $1 million; expands imposition of fees and taxes to real property classified Industrial Property and certain Apartments.

CA AB1481

Income tax: credit: immigration.

NJ S58

Exempts certain transactions of residential property involving senior, blind, and disabled citizens from general purpose fee under realty transfer fee and one percent assessment on real property selling for more than $1,000,000.

NJ A1217

Eliminates supplemental realty transfer fee and one percent fee on transfers of certain commercial real estate and tax on sale of controlling interests in certain commercial real property.