WV HB2913

Creates a new $1,000 refundable state child tax credit for West Virginia residents who claim the federal child tax credit for qualifying children, effective January 1, 2025

Makes the credit fully refundable, meaning taxpayers receive the full $1,000 per eligible child even if it exceeds their state income tax liability

Repeals the existing non-refundable child and dependent care credit under §11-21-26

Eligibility tied to federal child tax credit requirements, using the same definition of "qualifying child" as the IRS

Stated legislative intent is to reduce child poverty, support working families, and boost West Virginia's economy