WV HB4517

Expands West Virginia's employer child care tax credit to include "employer-sponsored" child care at third-party licensed facilities, not just on-site employer-provided facilities.

Increases the capital investment credit from 50% to 100% of qualified child care property costs for corporations, claimable at 20% per year over five years.

Increases the operating cost credit from 50% to 100% of operational expenses for corporations providing or sponsoring employee child care.

Extends the tax credit carryforward period from 3-5 years to 20 years for unused credits.

Removes the requirement that children using the facility be "primarily" employees' children, requiring only that "a portion" be employees' children.