(a) This article shall be effective for corporate net income tax years and personal income tax years beginning on or after July 1, 2020.
(b) This article shall expire and have no further force or effect for all tax years which begin on or after July 1, 2030, and all accrued but unused credits shall be forfeited upon expiration of this article.
Structure West Virginia Code
Article 13HH. The West Virginia Natural Gas Liquids Property Tax Adjustment Act
§11-13HH-3. Eligibility for Tax Credits; Creation of the Credit
§11-13HH-4. Amount of Credit Allowed
§11-13HH-5. Application of Annual Credit Allowance
§11-13HH-6. Availability of Credit to Successors
§11-13HH-7. Credit Recapture; Interest; Penalties; Additions to Tax; Statute of Limitations