2025 REGULAR SESSION

Introduced

House Bill 2569

By Delegates Brooks, Green, and Pritt

[Introduced February 18, 2025; referred to the Committee on Finance]

A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §11-13-3h, relating to creating tax incentives for businesses that recycle.

Be it enacted by the Legislature of West Virginia:

Article 13. Business and Occupation tax.

§11-13-3h. Tax Credit for recycling.

(a) There shall be allowed as a credit against the tax imposed by §11-13-2, the amount determined by the type of business being taxed and by the products recycled by said business, for businesses who choose to engage in recycling as it is defined in §22-15-1 et seq.

(b) The Tax Commissioner shall prescribe such regulations as he or she deems necessary to carry out the purposes of this section and §11-13-1 et seq.

NOTE: The purpose of this bill is to create tax incentives for businesses that recycle.

Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.