Bill > HB2405

This bill establishes a tax credit for West Virginia parents or legal guardians who homeschool or send their children to private schools, effective January 1, 2025. The tax credit will be equivalent to the amount a student would receive under the HOPE Scholarship program, which is a financial aid initiative. Parents can claim this credit for providing education that meets the State Board of Education's primary and secondary education standards, with the credit limited to one annual amount per taxpayer regardless of the number of children being schooled. Importantly, families already eligible for the HOPE Scholarship are excluded from receiving this tax credit. The State Tax Commissioner is required to develop administrative rules for implementing the tax credit, including guidelines for reporting, filing, and applying claims. The bill aims to provide financial support to families who choose educational options outside the traditional public school system while ensuring compliance with state educational requirements.

Education

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=2405&year=2025&sessiontype=RS&btype=bill