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Bill to Eliminate Sunset Date, Caps from West Virginia HTC Goes to Governor

Tuesday, April 13, 2021 - 12:00PM

Legislation to eliminate the sunset date and transaction cap for the West Virginia historic tax credit (HTC) has passed both houses of the state Legislature and awaits the signature of Gov. Jim Justice. S.B. 344 would remove the Dec. 31, 2022 expiration date, as well as all annual caps. Justice can sign or veto the bill. If he does neither, the bill becomes law.

Keep updated on the latest HTC developments and get expert insight from the Novogradac Journal of Tax Credits.

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