Bill > HB5617

This bill, titled the West Virginia Job Training and Placement Act, allows certain retailers, specifically those certified as "workforce training community centers," to keep a portion of the consumer sales and service taxes they collect. To qualify, a retailer must be a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code, collect and remit sales taxes on donated goods, have a proven track record of job training and placement for individuals facing employment barriers, be affiliated with a larger organization, and have annual sales of at least $1 million. These qualifying organizations can retain 75 percent of the consumer sales and service tax revenue they collect after the first $1 million in sales, provided they use these retained funds exclusively for job training and placement services, including developing individualized plans, monitoring job retention, and meeting specific service quotas based on the amount of tax revenue retained. In their first year, they can use retained funds to improve their infrastructure, but subsequently, they must demonstrate compliance with the job training and placement requirements to maintain their certification, which lasts for three years and can be renewed. The Department of Revenue can revoke certification for non-compliance, and may require repayment of retained taxes in certain circumstances.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=5617&year=2026&sessiontype=RS&btype=bill