Providing for transfer of license to contractor’s qualifying immediate family member

SB 553 allows West Virginia contractors to transfer their license to an immediate family member (spouse, child, sibling, or parent) without requiring the family member to pass a licensing exam. To qualify, the family member must have been actively involved in the business or employ someone who meets the board's minimum qualifications for contractors. The bill also permits transfers within one year of a contractor's death or permanent incapacity. Transferred licenses remain valid only if the family member continues as the business's principal owner, partner, or corporate officer. This change updates licensing rules to facilitate family business succession.