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Bill > HB4256


WV HB4256

WV HB4256
Relating to authorizing the Tax Department to promulgate a legislative rule relating to High-Wage Growth Business Tax Credit.


summary

Introduced
01/14/2026
In Committee
01/14/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to authorize the Tax Department to promulgate a legislative rule relating to High-Wage Growth Business Tax Credit.

AI Summary

This bill authorizes the West Virginia Tax Department to create and implement a legislative rule, which is a formal regulation, concerning the High-Wage Growth Business Tax Credit. This credit is a financial incentive designed to encourage businesses that offer high-paying jobs and are experiencing growth. The bill specifically allows the Tax Department to proceed with a rule that was filed in the State Register on March 31, 2025, and is authorized under a specific section of West Virginia code (§11-13II-5), with the rule itself being identified by the designation 110 CSR 13II.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Standing Committee on Finance Meeting (17:00:00 2/24/2026 House Finance Committee Room) (on 02/24/2026)

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