Bill > HB4585

Introduced Session

The purpose of this bill is to establish the “Stay in the State Act” tax credit that allows residents of this state who remain in state after graduating with an undergraduate or associate degree from a state institution to be granted a tax credit for the total cost of tuition and interest for student loans used to obtain their degree; this tax credit is against personal property tax in West Virginia and is awarded over a ten year period; employers are also allowed to claim the credit for employees that qualify for the credit; and in-state high schools, colleges and universities are required to inform and assist students with obtaining the tax credit.

Committee Categories

Shawn Fluharty (D)*,  Mick Bates (R),  Saira Blair (R),  Andrew Byrd (D),  Michael Ferro (D),  Sean Hornbuckle (D),  Kayla Kessinger (R),  John McCuskey (R),  Tim Miley (D),  Doug Reynolds (D),  Erikka Storch (R), 

To House Education (on 02/17/2016)

Official Document