The proposed bill aims to establish the "Distribution Center Refundable Toll Payments Tax Credit Act" in West Virginia, which introduces a new article in the state's taxation code. This act defines a "qualified distribution center" as a business that transports finished and packaged goods for retail sale from a West Virginia distribution center. The bill allows these centers to claim a refundable tax credit for toll payments exceeding $150,000 made through the West Virginia EZ Pass system, utilizing RFID Tag Reader or comparable systems to track these payments. The tax credit is set at a dollar-for-dollar rate for eligible toll payments and is applicable for the tax year 2026 and subsequent years.

Additionally, the bill authorizes the West Virginia Parkways Authority to permit the use of RFID Tag Reader systems at qualified distribution centers to compile the amount of tax creditable toll payments. It also allows for the creation of administrative rules to facilitate the implementation of this tax credit program. The provisions of the bill are set to take effect on July 1, 2026, and will apply to toll payments made within the EZ Pass system from that date forward.

Statutes affected:
Introduced Version: 11-13NN-1, 11-13NN-2, 11-13NN-3, 11-13NN-4, 11-13NN-5, 17-16A-29a