To allow a $1,000 refundable child tax credit for all eligible for the federal tax credit

This bill creates a permanent state child tax credit of $1,000 for West Virginia residents who claim the federal child tax credit for an eligible child. The credit is refundable, meaning eligible taxpayers will receive the full amount even if it exceeds the taxes they owe. It directly affects working families with children who file state income taxes and claim the corresponding federal credit. The legislation aims to support local economies and reduce child poverty by providing additional financial assistance to qualifying households.