Plain English Breakdown
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HB4954 • 2026
To provide a reduction of the tax for companies who have 75% or more of their workforce as West Virginia residents
To provide a reduction of the tax for companies who have 75% or more of their workforce as West Virginia residents
Taxes
Passed Legislature
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Bill History
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2026-01-29
H
To House Finance
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2026-01-29
H
Introduced in House
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2026-01-29
H
To Finance
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2026-01-29
H
Filed for introduction
Official Summary Text
To provide a reduction of the tax for companies who have 75% or more of their workforce as West Virginia residents
Current Bill Text
Read the full stored bill text
HB 4954 Text skip navigation SENATE PRESIDENT SENATORS COMMITTEES VIDEO/AUDIO DISTRICT MAPS SENATE CLERK SENATE RULES HOUSE SPEAKER DELEGATES COMMITTEES VIDEO/AUDIO DISTRICT MAPS HOUSE CLERK HOUSE RULES HOUSE STAFF JOINT INTERIM COMMITTEES LEGISLATIVE ADMINISTRATOR LEGISLATIVE SERVICES DIVISION PUBLIC INFORMATION LEGISLATIVE AUTOMATED SYSTEMS DIVISION LEGISLATIVE AUDITOR'S OFFICE PERFORMANCE EVALUATION & RESEARCH DIVISION POST AUDIT DIVISION BUDGET DIVISION REGULATORY AND FISCAL AFFAIRS DIVISION CLAIMS COMMISSION CRIME VICTIMS RULE-MAKING REVIEW SPECIAL INVESTIGATIONS JUDICIAL COMP. COMMISSION JOINT RULES STAFF INFO BILL STATUS BILL STATUS BILL TRACKING STATE LAW WEST VIRGINIA CODE ACTS OF THE LEGISLATURE CODE OF 1931 WV CONSTITUTION US CONSTITUTION REPORTS AGENCY REPORTS AGENCY GRANT AWARDS PERFORMANCE EVALUATIONS POST AUDITS EDUCATIONAL CITIZEN’S GUIDE INTERNSHIP PROGRAM PAGE PROGRAM PUBLICATIONS PHOTO GALLERY CAPITOL HISTORY HOW A BILL BECOMES LAW CONTACT SENATE ROSTER HOUSE ROSTER PUBLIC INFO. NEWS RELEASES HELPFUL LINKS Introduced Version House Bill 4954 History | Email Key: Green = existing Code. Red = new code to be enacted WEST VIRGINIA LEGISLATURE 2026 REGULAR SESSION FISCAL NOTE Introduced House Bill 4954 By Delegates Vance, Brooks, and Flanigan [Introduced January 29, 2026; referred to the Committee on Finance] A BILL to amend the Code of West Virginia, 1931, as amended, by adding a new section, designated §11-13-32, relating to providing a reduction of the business and occupation tax rate for companies who have 75 percent or more of their workforce as West Virginia residents. Be it enacted by the Legislature of West Virginia: ARTICLE 13. BUSINESS AND OCCUPATION TAX. §11-13-32. Reduction of tax for companies who employ residents of this state. (a) Legislative findings . – The Legislature finds that companies who employ residents of this state ensure that those workers will benefit the state's economy as a whole. Providing incentives to companies to hire local workers is a way to accomplish this mission. (b) Rate reduction established . – Companies in this state who employ at least 75 percent of their workforce using West Virginia residents shall be entitled to a 2.5 percent overall reduction for that company's business and occupation tax rate. (c) Requirements . – Companies must be able to provide evidence that 75 percent of their workforce are residents of this state in order to qualify for the credit. Additionally, the West Virginia Department of Tax and Revenue may issue guidance on the implementation of this credit. (d) Effective date . – This rate reduction provided for in this section shall take effect for the 2026 tax year and continuing thereafter. NOTE: The purpose of this bill is to provide a reduction of the business and occupation tax rate for companies who have 75 percent or more of their workforce as West Virginia residents. Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added. Bill Status | Bill Tracking | Legacy WV Code | Bulletin Board | District Maps | Senate Roster | House Roster | Live | Blog | Jobs | Links | Home This Web site is maintained by the West Virginia Legislature's Office of Reference & Information. | Terms of Use | Webmaster | © 2026 West Virginia Legislature ** Print On Demand Name: Email: Phone: