summary
Introduced
01/15/2026
01/15/2026
In Committee
02/23/2026
02/23/2026
Crossed Over
02/20/2026
02/20/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
A BILL to amend and reenact §11-17-4b and §11-21-4h of the Code of West Virginia, 1931, as amended; and to amend the code by adding a new section, designated §11-21-4j, relating to taxation; providing a reduction in personal income tax; modifying the effective date of future personal income tax reductions; providing for reduced graduated income tax rates; reducing the rate of tax on certain composite returns; reducing the rate of withholding tax on nonresident income; reducing the rate of withholding tax on the nonresident sale of real estate; reducing the rate of withholding on lottery winnings; applying reduced rates beginning on and after January 1, 2026; providing for contingent additional future reductions in the personal income tax rates when certain criteria have been met; providing for revenue replacement; increasing the excise tax on e-cigarettes; setting an excise tax rate on closed vapor cartridges; setting an excise tax rate on open vaping systems; defining terms; making technical corrections; making conforming amendments; and providing effective dates.
AI Summary
This bill enacts significant changes to West Virginia's tax laws, primarily focusing on reducing personal income tax rates and increasing taxes on e-cigarettes. Starting January 1, 2026, personal income tax rates will be lowered for individuals, married couples filing jointly, heads of households, and estates and trusts, with specific new tax brackets and percentages outlined. The bill also modifies the rules for future personal income tax reductions, linking them to excess general revenue fund collections and adjusting the timeline for their implementation. Additionally, it introduces new excise taxes on e-cigarettes, including a $1.20 tax per "closed vapor cartridge" (pre-filled disposable cartridges for vaping devices) and a 25-cent per milliliter tax on "open vaping systems" (refillable vaping devices), both effective July 1, 2026. These changes aim to reduce the tax burden on individuals while generating revenue through increased taxes on vaping products.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
To House Finance (on 02/23/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
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