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WV SB144
Bill
AI Summary
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Renames the "Military Incentive Program Act of 1991" to simply the "Military Incentive Program" and expands eligibility from specific veteran categories (Vietnam era, Korean conflict, disabled, economically disadvantaged) to all veterans who served over 180 days on active duty or were discharged due to service-connected disability
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Establishes a 30% tax credit on the first $5,000 in wages for employers who hire eligible veterans, West Virginia National Guard members, or U.S. reserve forces members for at least one year of continuous employment
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Removes previous tiered tax credit structure that varied based on veteran disability percentage (up to 100% of wage base) or economic status, replacing it with a uniform 30% rate for all eligible hires
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Designates WorkForce West Virginia as the sole administering agency, eliminating the previous shared administration between the Bureau of Employment Programs and the West Virginia National Guard
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Requires WorkForce West Virginia to promulgate rules and regulations to implement the program, replacing the previous voucher certification system
Legislative Description
Relating to Military Incentive Program
Military and Veterans
Last Action
To Finance
2/24/2025