Bill > SB646

This bill modifies the West Virginia Employer-Provided or Sponsored Child Care Tax Credit program by expanding the definition of "employer-sponsored" child care to include licensed services from third parties financially supported by employers, regardless of location or employee usage thresholds, and allows for these facilities to be located within an area reasonably accessible to the employer's workforce if on-site is impractical. It also increases the total credit for capital investment in child care property and operating costs from 50% to 100% of eligible expenses, extends the carryforward period for unused credits from three or five years to twenty years, and clarifies that a portion of children using the facility must be primarily children of employees of the sponsoring employer or an affiliated corporation. Additionally, the bill introduces a provision for non-profit corporations to transfer, sell, or assign their child care tax credits to other taxpayers.

Budget and Finance, Business and Industry

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=646&year=2026&sessiontype=RS&btype=bill