2024 Regular Session • West Virginia Legislature

HB5051: Provide a tax credit to for-profit and nonprofit corporations to encourage the continued operation of child-care facilities for the benefit of their employees

Legislative Summary

The purpose of this bill is to provide a tax credit against the state corporate net income tax and the state personal income tax for expenditures related to the operation of existing employer-provided or sponsored childcare facilities.

Demographic Impact

Overall analysis of equity impact

80% Positive

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