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West VirginiaHB 47842026 Regular SessionHouse

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.

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

  1. Chapter 115, Acts, Regular Session, 2026

    6/29/2026House

  2. Approved by Governor 4/1/2026

    4/1/2026House

  3. To Governor 3/25/2026

    3/25/2026House

  4. To Governor 3/25/2026 - Senate Journal

    3/14/2026Senate

  5. Approved by Governor 4/1/2026 - Senate Journal

    3/14/2026Senate

  6. Approved by Governor 4/1/2026 - House Journal

    3/14/2026House

  7. House received Senate message

    3/13/2026House

  8. On 3rd reading

    3/12/2026Senate

  9. Read 3rd time

    3/12/2026Senate

  10. Passed Senate (Roll No. 490)

    3/12/2026Senate

  11. Communicated to House

    3/12/2026Senate

  12. Completed legislative action

    3/12/2026Senate

  13. On 2nd reading

    3/11/2026Senate

  14. Read 2nd time

    3/11/2026Senate

  15. Reported do pass

    3/10/2026Senate

  16. Immediate consideration

    3/10/2026Senate

  17. Read 1st time

    3/10/2026Senate

  18. Introduced in Senate

    3/4/2026Senate

  19. To Finance

    3/4/2026Senate

  20. To Finance

    3/4/2026Senate

  21. On 3rd reading with right to amend, Special Calendar

    3/3/2026House

  22. Read 3rd time

    3/3/2026House

  23. Amendment reported by the Clerk

    3/3/2026House

  24. Amendment rejected (Voice vote)

    3/3/2026House

  25. Passed House (Roll No. 259)

    3/3/2026House

Bill Text

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