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WV HB2569

Bill

Official Source

Status

Introduced

2/18/2025

Primary Sponsor

Eric Brooks

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Creates a tax credit against the Business and Occupation Tax for businesses that engage in recycling as defined under West Virginia's solid waste management laws
  • Credit amount to be determined based on the type of business being taxed and the specific products recycled
  • Grants the Tax Commissioner authority to establish regulations for implementing the recycling tax credit program
  • Does not specify the credit percentage, dollar amount, or cap on the incentive

Legislative Description

To provide a tax credit for businesses who utilize recycling programs or recycling facilities

Taxation

Last Action

To House Finance

2/18/2025

Committee Referrals

Finance2/18/2025

Full Bill Text

No bill text available