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Politics

State Legislature

West Virginia Inflation Relief and Economic Stability Act

Status: HopperState: West VirginiaIssue: Inflation

Summary

The West Virginia Inflation Relief and Economic Stability Act proposes temporary sales tax reductions on essential goods and services, along with tax credits for small businesses that retain or grow jobs, aiming to alleviate inflation burdens on families and promote economic stability.

Full text

This bill aims to alleviate the burdens of inflation on small businesses and families in West Virginia by providing targeted tax relief measures. The proposed legislation will implement a temporary reduction in sales tax for essential goods and services, along with tax credits for small businesses that demonstrate job retention and growth. By fostering a more stable economic environment, we seek to support our local communities and promote sustainable growth, ensuring that West Virginians can thrive amidst rising costs.

Sponsor

Harlan MontgomeryRepublican Party

Cosponsors