Authorizes the West Virginia Tax Department to create a rule for the Downstream Natural Gas Manufacturing Investment Tax Credit.

West Virginia HB4255 authorizes the Tax Department to promulgate a legislative rule concerning the Downstream Natural Gas Manufacturing Investment Tax Credit. This bill amends Section 64-7-1 of the West Virginia Code to allow the Tax Department to establish rules for this tax credit, which is intended to incentivize investment in downstream natural gas manufacturing. The rule will be filed in the State Register and is authorized under Section 11-13GG-16 of the code.

Authorizes the West Virginia Tax Department to create a rule for the Downstream Natural Gas Manufacturing Investment Tax Credit.

West Virginia HB4255 authorizes the Tax Department to promulgate a legislative rule concerning the Downstream Natural Gas Manufacturing Investment Tax Credit. This bill amends Section 64-7-1 of the West Virginia Code to allow the Tax Department to establish rules for this tax credit, which is intended to incentivize investment in downstream natural gas manufacturing. The rule will be filed in the State Register and is authorized under Section 11-13GG-16 of the code.