West Virginia Senate Bill 627: Relating to Build WV Act

West Virginia · 2026 Regular Session

What it does

The purpose of this bill is to replace the Build WV project cost with a cap on new tax credit liability. The bill clarifies that the cost cap applies only to new project approvals; allows credit for smaller projects in rural areas; requires periodic review and adjustment to reflect demand and usage; and establishes a Build WV credit reserve fund adjusted annually.

Latest action

To Finance (2026-01-30)

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