West Virginia HB5262 provides a tax credit for obtaining LEED or Green Globes certifications for commercial buildings.
West Virginia HB5262 offers a tax credit for businesses that obtain certifications from the United States Green Building Council Leadership in Energy and Environmental Design (LEED) or the Green Globes Building Initiative. The credit is equal to the cost of renovations and improvements made to achieve certification. Eligible taxpayers can apply the credit against corporation net income taxes, business franchise taxes, and personal income taxes. The credit can be carried over for up to three years if unused.
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