To adjust the percent retained by the clerk of the county commission for funding election administration, infrastructure, and security, and other county clerk purposes

HB 3118 permanently increases the percentage of real estate transfer tax retained by West Virginia counties from 65% (starting July 2024) to 100% beginning July 2025. This directly affects county clerks, who will use the full retained amount for specific purposes: 20% for general county funds, 5% for improving election administration, infrastructure, and security (per Secretary of State standards), and 5% for electronic recording infrastructure compliance. The bill modifies existing tax retention rules without changing the tax rate itself. It ensures counties have dedicated funding streams for election and clerk operations through a fixed allocation structure.