Bill
HB 2913
Overview: HB 2913, "To allow a $1,000 refundable child tax credit for all eligible for the federal tax credit", was introduced in the West Virginia House on February 18, 2025. The
Overview: HB 2913, "To allow a $1,000 refundable child tax credit for all eligible for the federal tax credit", was introduced in the West Virginia House on February 18, 2025. The bill is currently in the House Finance committee.
Purpose and Intent: The main goal of this bill is to provide a state-level child tax credit to supplement the existing federal child tax credit. The intent is to help offset the costs of raising children and support West Virginia families.
Key Provisions:
- Establishes a $1,000 refundable child tax credit for each eligible child claimed on a West Virginia state income tax return
- Aligns the eligibility criteria with the federal child tax credit, including income thresholds and age limits
- Requires the state Department of Revenue to administer the credit and provide guidance to taxpayers
Affected Parties and Impacts: This bill would benefit all West Virginia families who qualify for the federal child tax credit, providing them with an additional $1,000 per eligible child. The credit is refundable, meaning families can receive the full amount even if they do not owe state income taxes.
Procedural and Timeline Considerations: HB 2913 is currently under review by the House Finance committee. If passed by the committee and the full House, it would then move to the Senate for consideration. If enacted, the new child tax credit would be available starting in the next tax year.
Compiled from official sources — confirm details with the bill’s official record.
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