HB 3293
Reducing the Corporate Net Income Tax
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill proposes to lower the corporate net income tax rate in West Virginia. The current tax rates have been adjusted over time, and this legislation aims to further reduce the rate to 3.25% beginning in 2026. However, the reduction in tax is subject to a condition: it will be suspended if the state’s revenue reserve funds do not meet a specific threshold. This bill modifies the existing tax structure to potentially incentivize corporate investment in the state.
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yours