SB 939 West Virginia Senate · 2026 Regular Session

Creating WV Reshoring Manufacturing Act

SB 939 creates a tax credit for West Virginia businesses that replace imported goods with locally manufactured products. Eligible businesses - those purchasing goods for resale or use in WV - can claim a nonrefundable credit equal to 10% of the verified value of imported goods they stop buying and replace with goods from qualified WV manufacturers. The credit requires verification by an independent CPA through an "reshoring activity verification report" to confirm the value of goods replaced and ongoing purchases. This program aims to reduce reliance on foreign imports (noted as $4.8 billion in 2024) by incentivizing local manufacturing, workforce growth, and economic activity within the state.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 13, 2026 Last action Feb 24, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Introduced Version → Committee Substitute · 5 edits

MODERATE

The bill was converted from an introduced draft to a committee substitute version, which significantly expanded the legislative text and added specific policy details. The committee version clarifies the bill's purpose, introduces new definitions for calculating tax credits based on import values, establishes a tiered credit rate for repeat purchases, sets a $1 million annual credit limit, and adds provisions for legislative rules, burden of proof, and a sunset date.

Scope change

The scope expanded from a brief introduction to a comprehensive bill with detailed operational requirements, including specific definitions for 'baseline import value' and 'substantially similar goods', and a structured timeline for credit expiration.

DEFINITION

Added precise definitions for 'baseline import value', 'import transaction value', and 'substantially similar goods' to clarify how the tax credit amount is calculated.

REQUIREMENT

Introduced a tiered credit structure where repeat purchases receive lower credit rates (20%, 15%, 10%, 5%) in subsequent years compared to the initial 25% rate.

FISCAL

Established a strict $1 million annual cap on the total tax credit available to any single eligible taxpayer.

ENFORCEMENT

Added new sections requiring legislative rulemaking, placing the burden of proof on the taxpayer, and setting a sunset date of December 31, 2031.

TECHNICAL

Replaced the introductory header and metadata with the full text of the bill, including the article title and specific section numbers.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 24, 2026

Committee

To Finance

upper

Feb 24, 2026

Committee

Committee substitute reported, but first to Finance

upper

Feb 13, 2026

Committee

To Economic Development

upper

Feb 13, 2026

Introduced

Introduced in Senate

upper

Feb 13, 2026

Committee

To Economic Development then Finance

upper

1 primary · 1 co-sponsor