The bill amends the West Virginia Innovative Mine Safety Technology Tax Credit Act by extending the termination date of the tax credit from its previous end date to December 31, 2030. This extension aims to continue supporting the development and implementation of innovative safety technologies in the mining industry, thereby enhancing safety measures for miners.

The legislation is set to take effect 90 days after its passage, which is scheduled for June 12, 2026. This extension reflects the state's commitment to promoting mine safety and ensuring that the necessary financial incentives remain available to encourage technological advancements in this critical sector.

Statutes affected:
Introduced Version: 11-13BB-14
Enrolled Version: 11-13BB-14