§11-13FF-1. Definitions

As used in this article: (1) “Commissioner” means the Tax Commissioner of the State of West Virginia, or his or her delegate.

§11-13FF-2. Amount of Credit; Limitation of Credit

(a) There is allowed to taxpayers who make donations of vehicles to qualified charitable organizations in the state a credit against taxes imposed by 11-21-1 et seq. and 11-24-1 et seq. of this code in an amount equal to 50 percent of the program value of the vehicle or $2,000, whichever is less. (b) There […]

§11-13FF-3. Determination of Value of Credit

(a) At the time of the donation or sale of the vehicle, the taxpayer shall provide to the qualified charitable organization an estimate of the fair market value of the vehicle. (b) Upon accepting the vehicle to be used in their program, the qualified charitable organization shall provide the taxpayer a signed and dated form […]

§11-13FF-4. Applicability to as Is Vehicles

Notwithstanding any other provision of this code to the contrary, the fair market value of the vehicle and not the sales price shall be used to determine the applicability of 46A-6-107a(a)(3)(A) of this code to any vehicle the sale of which qualifies for a tax credit as provided by this article.

§11-13FF-5. Legislative Rules

The Tax Commissioner shall propose rules for legislative approval in accordance with the provisions of 29A-3-1 et seq. of this code as may be necessary to carry out the purposes of this article.

§11-13FF-6. Tax Credit Review Report

Beginning on the first day of the second taxable year after the passage of this article and every two years thereafter, the division shall submit to the Governor, the President of the Senate and the Speaker of the House of Delegates a tax credit review and accountability report evaluating the cost effectiveness of the tax […]

§11-13FF-7. Effective Date

The credit allowed by this article shall be allowed upon donations occurring after December 31, 2020.