WV HB4112

Creates a personal income tax credit for West Virginia residents who homeschool or send children to private school, effective for tax years beginning January 1, 2026

Sets the tax credit amount equal to what a HOPE Scholarship student would receive, capped at that annual amount per taxpayer regardless of how many children are schooled

Excludes families already eligible for the HOPE Scholarship from claiming this tax credit

Prohibits the State Board of Education from creating additional regulations over the education of children whose parents claim this credit

Directs the State Tax Commissioner to propose rules for administering the tax credit, including reporting and filing requirements