Bill > HB4255

This bill authorizes the Tax Department to create a formal legislative rule, which is a set of regulations that have the force of law, concerning the Downstream Natural Gas Manufacturing Investment Tax Credit. This specific tax credit, detailed in the West Virginia Code under section 11-13GG-16 and further outlined in administrative code 110 CSR 13GG, is designed to encourage investment in manufacturing processes that utilize natural gas after it has been extracted and processed. The bill confirms that a legislative rule filed on March 31, 2025, related to this tax credit, is now officially authorized by the Legislature.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4255&year=2026&sessiontype=RS&btype=bill