This bill proposes to amend and reenact several sections of the West Virginia Code to rename the existing act as the "Military Incentive Program" and to expand its benefits to all veterans. The bill updates definitions, including the introduction of the term "eligible veteran," which encompasses members of the armed forces who have served on active duty for more than 180 days or were discharged due to a service-connected disability. Additionally, it designates WorkForce West Virginia as the sole agency responsible for administering the program and establishes rulemaking authority for the agency.

The bill also modifies the tax credit provisions for employers who hire eligible veterans, members of the West Virginia National Guard, or reserve forces members. The tax credit is set at 30% of the employee's wage base, which is defined as the first $5,000 in wages paid to the employee. Furthermore, it outlines restrictions on claiming the tax credit, such as requiring a continuous employment period of one year, with exceptions for voluntary departure, total disability, or termination for good cause. The program's administration will be conducted under the direction of WorkForce West Virginia, which will also be responsible for promulgating rules and regulations to implement the program effectively.

Statutes affected:
Introduced Version: 21A-2C-1, 21A-2C-2, 21A-2C-3, 21A-2C-4, 21A-2C-5, 21A-2C-6