This bill proposes the addition of a new section, 16-2E-6, to the Code of West Virginia, aimed at establishing a tax credit for companies that make donations to pregnancy and birthing centers within the state. The legislation allows eligible companies to apply for a nonrefundable tax credit that is equivalent to the amount of their donations to these centers. To qualify for the tax credit, companies must provide proof of their contributions.

The bill also designates the Tax Commissioner as responsible for the implementation of this tax credit program. This initiative is intended to encourage corporate support for pregnancy and birthing centers, thereby enhancing the resources available to these facilities in West Virginia.

Statutes affected:
Introduced Version: 16-2E-6