This bill amends the Code of West Virginia to modify the tax credit for apprenticeship training by removing the limitation that the credit base be restricted to wages paid to apprentices specifically in the construction trades. The bill introduces a new provision that allows the tax credit to apply to wages paid to apprentices in any field, effective for taxable years beginning on or after January 1, 2026. Additionally, the bill makes stylistic changes to the existing legal language for clarity.

The tax credit remains set at $2 per hour worked by an apprentice, with a maximum credit of $2,000 or fifty percent of actual wages paid, whichever is less. The bill also outlines the requirements for a qualified apprenticeship training program and specifies how the credit can be applied against various state taxes. Any unused credit after application is forfeited, and carrybacks to prior taxable years are not permitted.

Statutes affected:
Introduced Version: 11-13W-1