WV SB834

Amends West Virginia's tax credit for rehabilitating certified historic buildings to make credits available in the year the qualified rehabilitated building is "placed-in-service" as defined by federal regulations

Maintains the existing 25% tax credit rate for qualified rehabilitation expenditures on certified historic structures (increased from 10% for projects after December 31, 2017)

Updates statutory references to the U.S. Code sections defining qualified rehabilitation expenditures and qualified rehabilitated buildings

Requires taxpayers claiming the credit to not be in arrears on any state taxes, local/municipal taxes, or property taxes on the historic structure throughout the credit claim period

Preserves provisions allowing phased rehabilitations, where owners can claim credits for completed phases upon receiving written tax credit certificates from the state historic preservation officer