Signed into LawFiled Jan 14, 2026
Sponsor: Smith
Latest Action
Chapter 56, Acts, Regular Session, 2026
Jun 25, 2026
Summary
The WV First Small Business Growth Act creates a program, run by the Department of Commerce, that certifies growth funds and their capital investments. When a certified fund invests cash in eligible WV businesses (fewer than 250 employees), the fund’s investors can claim a tax credit against state insurance‑premium taxes. The goal is to spur private capital into early‑stage companies and boost job creation.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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