West VirginiaHB 47842026 Regular SessionHouseWALLET

Extending the Qualified Opportunity Zones until July 1, 2032.

Sponsored By: Adam Burkhammer (Republican)

Signed by Governor

§11-24-6B

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Lower taxes for West Virginia Opportunity Zone businesses

Corporate taxpayers, including LLCs taxed as corporations, get a state tax subtraction. They can subtract the net ordinary income from a West Virginia Qualified Opportunity Zone business from West Virginia taxable income. The business must be newly registered in West Virginia on or after January 1, 2019 and before January 1, 2033. It must be a Qualified Opportunity Zone business under federal rules. It cannot be a reorganization of a business that existed before 2019. The subtraction lasts 10 years. It starts with the first full tax year the business first qualifies, or the first year it has net income. It applies to tax years beginning on or after January 1, 2019. It ends for tax years beginning on or after January 1, 2033. If you qualified before it ends, you keep the rest of your 10 years if you stay in compliance. The 2026 amendment grants retroactive entitlement for tax years beginning on or after January 1, 2024. The Tax Commissioner may issue rules to carry this out.

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Sponsors & Cosponsors

Sponsor

Adam Burkhammer
Republican • House

Cosponsors

Roy Cooper
Republican • House
Mark Dean
Republican • House
Sarah Drennan
Republican • House
Michael Hornby
Republican • House
Jonathan Kyle
Republican • House
Jordan Maynor
Republican • House
Erica Moore
Republican • House
Bryan Smith
Republican • House
Doug Smith
Republican • House
Adam Vance
Republican • House

Roll Call Votes

All Roll Calls

Yes: 123 • No: 3

Senate vote • 3/12/2026

Passed Senate (Roll No. 490)

Yes: 33 • No: 1

House vote • 3/3/2026

Passed House (Roll No. 259)

Yes: 90 • No: 2

Actions Timeline

Approved by Governor 4/1/2026
4/1/2026House
To Governor 3/25/2026
3/25/2026House
To Governor 3/25/2026 - Senate Journal
3/14/2026Senate
Approved by Governor 4/1/2026 - Senate Journal
3/14/2026Senate
Approved by Governor 4/1/2026 - House Journal
3/14/2026House
House received Senate message
3/13/2026House
On 3rd reading
3/12/2026Senate
Read 3rd time
3/12/2026Senate
Passed Senate (Roll No. 490)
3/12/2026Senate
Communicated to House
3/12/2026Senate
Completed legislative action
3/12/2026Senate
On 2nd reading
3/11/2026Senate
Read 2nd time
3/11/2026Senate
Reported do pass
3/10/2026Senate
Immediate consideration
3/10/2026Senate
Read 1st time
3/10/2026Senate
Introduced in Senate
3/4/2026Senate
To Finance
3/4/2026Senate
To Finance
3/4/2026Senate
On 3rd reading with right to amend, Special Calendar
3/3/2026House
Read 3rd time
3/3/2026House
Amendment reported by the Clerk
3/3/2026House
Amendment rejected (Voice vote)
3/3/2026House
Passed House (Roll No. 259)
3/3/2026House
Communicated to Senate
3/3/2026House

Bill Text

Committee Substitute
HTML PDF
Engrossed
HTML PDF
Enrolled
HTML PDF
Introduced Version
HTML PDF

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