Allowing for taxes to be paid quarterly

HB 2722 allows West Virginia property owners to pay real property taxes quarterly instead of twice yearly. The bill amends tax code to require the Department of Tax and Revenue to set quarterly payment dates, while maintaining the existing 2.5% discount for on-time payments and 9% annual interest for delinquent taxes. This change directly affects residential and commercial property owners who currently pay taxes in two installments (September and March). The policy provides greater payment flexibility without altering tax rates or delinquency penalties.