This bill amends the Code of West Virginia to authorize the Tax Department to promulgate a legislative rule concerning the Downstream Natural Gas Manufacturing Investment Tax Credit. Specifically, it references the legislative rule filed in the State Register on March 31, 2025, which is authorized under the existing law 11-13GG-16.

The bill aims to facilitate the implementation of this tax credit by providing the necessary legal framework for the Tax Department to establish rules governing its application. As this section is newly introduced, there are no deletions or existing legal language being modified.

Statutes affected:
Introduced Version: 64-7-1