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WV HB4064

Bill

Official Source

Status

Introduced

1/14/2026

Primary Sponsor

Kathie Crouse

Click for details

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Expands the motor vehicle sales tax trade-in credit to include private sales of vehicles, not just dealer trade-ins
  • Allows taxpayers to deduct the value of a vehicle sold privately within seven days of purchasing a new or used vehicle from the total taxable sale price
  • Requires a notarized bill of sale showing the sold vehicle to qualify for the credit, and each sold vehicle may only be used for one exchange
  • The vehicle being sold must be titled in the same taxpayer name as the new purchase to qualify for the deduction
  • Maintains the current 6% motor vehicle sales tax rate established July 1, 2017

Legislative Description

Relating to the rate of tax on motor vehicles

Taxation

Last Action

To House Finance

1/14/2026

Committee Referrals

Finance1/14/2026

Full Bill Text

No bill text available