Bill > SB644

This bill requires the West Virginia Economic Development Authority, through the Secretary of Commerce or their appointee, to participate in a federal tax credit scholarship program established by federal law (Pub. Law No. 119-21, section 70411) which allows individuals to receive tax credits for making donations to scholarship-granting organizations. The Authority will be responsible for identifying qualified scholarship-granting organizations within the state, publishing a list of these organizations annually on its website and submitting it to the U.S. Secretary of the Treasury, and accepting applications from organizations seeking to be included on this list. Additionally, the Authority will establish rules to manage the process and documentation required for an entity to be recognized as a qualified scholarship-granting organization. This bill will become effective immediately upon its passage.

Education

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=644&year=2026&sessiontype=RS&btype=bill