Prohibiting counties from double-taxing rental properties

HB 2868 prohibits counties and municipalities in West Virginia from imposing additional taxes on residential rental properties based on their zoning classification or charging higher rates than owner-occupied homes. This bill directly affects landlords who own rental properties and tenants who pay rent, aiming to reduce costs by ensuring rental properties are taxed at the same rate as homes occupied by owners. Key provisions require all county/municipal property taxes on rentals to match owner-occupied rates and ban extra taxes tied to zoning. The bill does not affect sales or service taxes on rental businesses. Its goal is to make housing more affordable by preventing double taxation of rental properties.