West Virginia Governor Signs Bill Eliminating State HTC Sunset Date

Monday, April 26, 2021 - 9:00am

West Virginia Gov. Jim Justice signed legislation eliminating the sunset date for the state historic tax credit (HTC). S.B. 344 removes the Dec. 31, 2022, sunset date. As introduced, the bill would have removed all annual caps, but the statewide cap of $30 million per year and the transaction cap of $10 million remain.

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