Bill

Bill > SB304


WV SB304

WV SB304
Tax Department rule relating to commercial patent incentives tax credits


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 commercial patent incentives tax credits.

AI Summary

This bill authorizes the West Virginia Tax Department to create a legislative rule, which is a formal regulation that has the force of law, concerning commercial patent incentives tax credits. These tax credits are designed to encourage businesses to develop and patent new commercial products. The specific rule being authorized was filed in the State Register on July 25, 2025, and it operates under the authority granted by section 11-13AA-10 of the West Virginia Code, with the official designation being 110 CSR 13Q.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

To Finance (on 01/15/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...