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WV HB4822
Bill
Status
Introduced
1/26/2026
Primary Sponsor
Evan Hansen
Click for details
AI Summary
- Redirects positive tax increment property taxes from High Impact Data Centers away from the Personal Income Tax Reduction Fund (previously 50%) to the Public Insurance Agency Financial Stability Fund (35%)
- Increases the situs county's share of data center tax increment from 30% to 35%, and adds a new 10% allocation to the situs county's public school board
- Removes language limiting Electric Grid Stabilization and Security Fund support to "coal and natural gas" generation, expanding eligibility to all utility-owned electric generation sources
- Maintains existing allocations of 10% to all counties on per capita basis, 5% to the Economic Enhancement Grant Fund, and 5% to the Electric Grid Stabilization and Security Fund
- Prohibits payment-in-lieu-of-taxes agreements and tax increment financing arrangements for High Impact Data Center properties
Legislative Description
To redirect data center tax revenue to PEIA, counties, and schools
Energy
Last Action
To House Energy and Public Works
1/26/2026
Committee Referrals
Energy and Public Works1/26/2026
Full Bill Text
No bill text available