Bill > HB4588

This bill mandates that the West Virginia State Treasurer actively participate in a federal tax credit scholarship program, specifically referencing section 70411 of Public Law No. 119-21, which allows individuals to receive tax credits for making qualified contributions to organizations that provide scholarships. The Treasurer will be responsible for identifying and vetting scholarship granting organizations within the state that meet the program's requirements, and by January 1st each year, must submit a list of these qualifying organizations to the U.S. Secretary of the Treasury and publish it on the state's website. The Treasurer will also establish the necessary administrative processes and documentation for organizations to apply for inclusion on this list, ensuring their authority to provide such a list is certified.