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SB 248

Return to WV Tax Credit Act

2026 Regular Session Introduced by Trenton Barnhart and 2 co-sponsors

SB 248 offers West Virginia tax credits to out-of-state residents who relocate back to the state to address population decline and workforce losses.

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Bill Summary · SB 248

Legislative bill overview

SB 248, the Return to WV Tax Credit Act, creates a tax incentive program designed to encourage West Virginia residents who have relocated out of state to return and re-establish residency in the state. The bill provides tax credits to eligible individuals who move back to West Virginia and meet specified employment or residency requirements.

Why is this important

West Virginia, like many rural and post-industrial states, has experienced significant population decline and out-migration, particularly of younger and educated workers. Tax incentive programs aim to reverse this trend by making relocation financially attractive, potentially strengthening the state's tax base and workforce. The success or failure of such programs directly affects the state's economic development strategy and long-term fiscal health.

Potential points of contention

  • Cost-benefit analysis uncertainty: Whether the tax revenue generated by returned residents will exceed the cost of foregone tax revenue from credits, or if credits primarily benefit people who would have returned anyway
  • Fairness and targeting concerns: Questions about whether tax credits for out-of-state returnees are equitable compared to existing residents, and whether the program favors certain income or professional classes
  • Program design specifics: Unclear eligibility criteria, credit amounts, duration, and verification mechanisms—details that significantly impact effectiveness and administrative burden on the state

Compiled from official sources — confirm details with the bill’s official record.

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