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WV SB303

WV SB303
Tax Department rule relating to High-Wage Growth Business Tax Credit


summary

Introduced
01/15/2026
In Committee
01/15/2026
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, specifically identified as 110 CSR 13II, concerning the High-Wage Growth Business Tax Credit. This tax credit is designed to incentivize businesses that demonstrate significant growth in high-paying jobs within the state, and the rule will provide the specific guidelines and procedures for businesses to qualify for and claim this credit, as permitted by state code §11-13II-5.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

To Finance (on 01/15/2026)

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