Relating to valuation of specialized high-technology property

HB 2884 repeals §11-6J-3 of West Virginia's code, which previously established a special valuation method for specialized high-technology property. This change directly affects businesses owning such property by removing the specific ad valorem tax valuation rule that applied to it. The bill makes no new provisions or changes to tax rates - it simply eliminates the existing special valuation provision. The repeal means high-technology property will now be valued under standard property tax rules instead of the prior specialized method.