HB4784 Extends Qualified Opportunity Zones to July 2032
Summary
West Virginia HB4784 extends Qualified Opportunity Zone designations through July 1, 2032, preserving tax-advantaged investment incentives for designated census tracts. The bill passed the House 90-2 and Senate 33-1 before receiving Governor approval. Developers and investors in QOZs retain access to capital gains deferral benefits through the extended period.
What changed
HB4784 amends West Virginia's Qualified Opportunity Zone statutory framework to extend the program termination date from the prior deadline to July 1, 2032. This aligns state recognition with federal QOZ provisions, maintaining eligibility for capital gains deferral and reduction benefits.
Investors and developers operating in West Virginia QOZs now have extended visibility for project financing and exit planning. Fund managers administering Qualified Opportunity Funds should update investor communications and prospectus materials to reflect the new terminal date. State economic development agencies can continue using QOZ designations as a tool for directing private investment into distressed census tracts.
What to do next
- Review existing QOZ investments and update project timelines
- Confirm census tract eligibility remains in place through 2032
- Consult tax counsel regarding extended capital gains deferral planning
Archived snapshot
Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / West Virginia / HB4784 Signed by Governor HB4784 House Bill Signed by Governor 2026-03-14
Extending the Qualified Opportunity Zones until July 1, 2032.
The purpose of this bill is to extend Qualified Opportunity Zones until July 1, 2032.
Bill Details
State West Virginia
Session 2026 Regular Session
Chamber House
Official Source www.wvlegislature.gov/BillStatus/Billshi...
LegiScan View on LegiScan
Sponsors
Adam Burkhammer (Rep - R) Erica Moore (Rep - R) Jordan Maynor (Rep - R) Jonathan Kyle (Rep - R) Bryan Smith (Rep - R) Roy Cooper (Rep - R) Doug Smith (Rep - R) Adam Vance (Rep - R) Mark Dean (Rep - R) Sarah Drennan (Rep - R) Michael Hornby (Rep - R)
Action History
2026-04-01 H Approved by Governor 4/1/2026 2026-03-14 H Approved by Governor 4/1/2026 - House Journal 2026-03-14 S Approved by Governor 4/1/2026 - Senate Journal 2026-03-14 S To Governor 3/25/2026 - Senate Journal 2026-03-25 H To Governor 3/25/2026 2026-03-13 H House received Senate message 2026-03-12 S Completed legislative action 2026-03-12 S Communicated to House 2026-03-12 S Passed Senate (Roll No. 490) 2026-03-12 S Read 3rd time 2026-03-12 S On 3rd reading 2026-03-11 S Read 2nd time 2026-03-11 S On 2nd reading 2026-03-10 S Read 1st time 2026-03-10 S Immediate consideration 2026-03-10 S Reported do pass 2026-03-04 S To Finance 2026-03-04 S To Finance 2026-03-04 S Introduced in Senate 2026-03-03 H Communicated to Senate 2026-03-03 H Passed House (Roll No. 259) 2026-03-03 H Amendment rejected (Voice vote) 2026-03-03 H Amendment reported by the Clerk 2026-03-03 H Read 3rd time 2026-03-03 H On 3rd reading with right to amend, Special Calendar 2026-03-02 H On 2nd reading, Special Calendar 2026-02-27 H By substitute, do pass 2026-02-12 H To House Finance 2026-02-12 H Committed to Finance on 2nd reading 2026-02-12 H Read 2nd time 2026-02-12 H On 2nd reading, Special Calendar 2026-02-11 H Read 1st time 2026-02-11 H On 1st reading, Special Calendar 2026-02-10 H By substitute, do pass 2026-01-23 H To House Government Organization 2026-01-23 H Introduced in House 2026-01-23 H To Government Organization 2026-01-23 H Filed for introduction
Votes
2026-03-03 Passed House (Roll No. 259) Yea: 90 Nay: 2 2026-03-12 Passed Senate (Roll No. 490) Yea: 33 Nay: 1
Committee Referrals
2026-01-23 H Government Organization 2026-02-12 H Finance 2026-03-04 S Finance
Amendments
2026-03-03 hb4784 hfa hornbuckle 3-3 2026-03-03 hb4784 hfa hornbuckle 3-3 rejected
Bill Text Versions
0000-00-00 Introduced 0000-00-00 Comm Sub 0000-00-00 Comm Sub 0000-00-00 Engrossed 0000-00-00 Enrolled
Subjects
Economic Development Legislative data powered by LegiScan (CC BY 4.0)
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