Mountain State Spotlight, Fayette Tribune - For months, West Virginia lawmakers have said one thing repeatedly: the state has more than $1 billion in budget surplus. And when you look at the numbers, that’s largely thanks to the severance tax. Read the full article. That trend continued last week, as Gov. Jim Justice announced that the state…
Tax and Budget
WOWK - On this week’s episode of Inside West Virginia Politics, we talk about candidates for U.S. House District 2 in West Virginia. Watch the full segment. Segment One is with Nate Cain (R-U.S. House District 2 Candidate) and Segment Two is with Joseph Earley (R-U.S. House District 2 Candidate). Rep. Carol Miller (R-WV) calls…
Associated Press, US News, CBS News, WDTV - West Virginia Gov. Jim Justice signed a $4.87 billion budget Friday for the next fiscal year along with bills giving pay raises to public employees and making changes to their insurance program. Read the full article. The relatively flat budget compared with past years includes 34 items…
Charleston Gazette-Mail, Huntington Herald-Dispatch - The state budget, a pay raise for government employees and a fix for the Public Employees Insurance Agency were among four bills signed into law Friday by West Virginia Gov. Jim Justice. Read the full article. The budget presented in House Bill 2024 totals $4.874 billion and includes 34 surplus appropriations, Justice…
West Virginia MetroNews - Gov. Jim Justice’s administration announced that state tax tables have been adjusted to reflect passage of a 21.25 percent personal income tax cut, and employers can begin to adjust what is withheld from workers’ paychecks. Read the full article. “At my direction, our Tax Department wasted no time making these revisions,…
West Virginia MetroNews - House Finance Chairman Vernon Criss says the budget passed during the most recent legislative session achieves a balance. Read the full article. On Day 59 of the regular legislative session, the House of Delegates completed work on a $4.87 billion general revenue budget that includes provisions for pay raises and tax…
Mountain State Spotlight, Beckley Register-Herald - West Virginia’s historic Republican supermajority came into the 2023 session with the power to pass any bill they wanted, and bold plans to tackle some of the state’s most ambitious issues. Read the full article. “Everybody’s always excited and optimistic about everything that goes on on day one,” Senate…
West Virginia MetroNews - The House of Delegates completed work on a $4.87 billion general revenue budget that includes provisions for pay raises and tax cuts. Read the full article. The budget bill passed the House on a 91-6 vote. That means the budget bill, HB2024, has again passed before the conclusion of the 60-day session,…
WCBC - The largest income tax cut in state history was signed into law Tuesday afternoon by West Virginia Governor Jim Justice. House members OK'd the tax cuts Saturday after Senate suggestions. The House bill has a 21.25% decrease in personal income taxes, and includes a 100% credit on personal vehicle taxes. The Senate passed…
West Virginia MetroNews - Gov. Jim Justice celebrated a broad-based tax cut today, signing the bill at the state Culture Center while surrounded by supporters as balloons dropped all around them. Read the full article. State officials have estimated the overall financial impact of the tax bill is $695 million in fiscal 2024 and $817.8 million upon…