WEST VIRGINIA LEGISLATURE

2021 REGULAR SESSION

Introduced

House Bill 2421

By Delegate Foster

[Introduced February 13, 2021; Referred

to the Committee on the Judiciary]

A BILL to amend and reenact §64-7-1 of the Code of West Virginia, 1931, as amended, relating to authorizing the State Tax Department to promulgate a legislative rule relating to high-wage growth business tax credit.

Be it enacted by the Legislature of West Virginia:

ARTICLE 7. Authorization for Department of revenue to promulgate legislative rules.

§64-7-1. State Tax Department.

The legislative rule filed in the State Register on July 29, 2020, authorized under the authority of §11-10-5 of this code, modified by the State Tax Department to meet the objections of the Legislative Rule-Making Review Committee and refiled in the State Register on October 5, 2020, relating to the State Tax Department (high-wage growth business tax credit, 110 CSR 13II), is authorized.

 

NOTE: The purpose of this bill is to authorize the State Tax Department to promulgate a legislative rule relating to high-wage growth business tax credit.

This section is new; therefore, strike-throughs and underscoring have been omitted.