West Virginia bill would give tax credits to move back

Unused portions of the credit could be applied to future tax years. The credit would expire in 2029.


National News

February 28, 2023 - 4:49 PM

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CHARLESTON, W.Va. (AP) — West Virginia’s Senate passed a bill Monday that would give $25,000 in tax credits to former residents who move back to the state to work.

The Senate passed the bill unanimously and sent it to the House of Delegates.

Those eligible for the tax credit had to live and work in West Virginia for at least 10 years or were born in the state. They had to live outside of the state for at least 10 consecutive years prior to 2023.

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