Providing tax credits for expenditures and activities related to biochar manufacturing

Summary

The bill lets eligible corporations claim a credit equal to 10 % of any federal 45Q carbon‑sequestration credit they receive for biochar production in West Virginia. The credit is limited to half of the company’s net income tax liability, can be carried forward or back (but not before July 1 2026), and lasts up to 12 years. It aims to attract biochar manufacturing to rural and coal‑impacted areas and align state incentives with federal policy.

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