West Virginia Code §11-10-17a requires the Tax Commissioner to establish interest rates every six months based on the adjusted prime rate charged by banks. The interest rate shall not be less than 8 percent.

Notice is hereby given that the rate of interest on underpayments and overpayments of taxes, and on public contracts when final payment is delayed, will be 8 percent for the period beginning January 1, 2002, and ending June 30, 2002, inclusive.

Notice of this determination by the Tax Commissioner was submitted to the State Register.

Issued: October 12, 2001	Rebecca Melton Craig State Tax Commissioner West Virginia State Tax Department
State Tax Department Charleston, WV 25328-2389	Operator on duty 8:30 am - 4:30 pm Monday through Friday Phone: (304) 558-3333 Fax: (304) 558-3269 TDD Service/Hearing Impaired 1-800-282-9833