U.S. Sen. Shelley Moore Capito, R-W.Va., discusses the ÃÛÁÄÖ±²¥œOne Big Beautiful BillÃÛÁÄÖ±²¥ with attendees of the West Virginia Chamber of CommerceÃÛÁÄÖ±²¥™s Business Summit at The Greenbrier resort in White Sulphur Springs, W.Va., on Thursday, Aug. 28, 2025.
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U.S. Sen. Shelley Moore Capito, R-W.Va., discusses the ÃÛÁÄÖ±²¥œOne Big Beautiful BillÃÛÁÄÖ±²¥ with attendees of the West Virginia Chamber of CommerceÃÛÁÄÖ±²¥™s Business Summit at The Greenbrier resort in White Sulphur Springs, W.Va., on Thursday, Aug. 28, 2025.
During the second day of the West Virginia Chamber of CommerceÃÛÁÄÖ±²¥™s 2025 Business Summit, held at The Greenbrier resort, Sen. Shelley Moore Capito, R-W.Va., described the ways in which residents will benefit from the ÃÛÁÄÖ±²¥œOne Big Beautiful Bill.ÃÛÁÄÖ±²¥
The bill includes several tax policies and was signed into law by President Donald Trump on July 4.
ÃÛÁÄÖ±²¥œEvery single West Virginian is going to have more money in their pocket because of the One Big Beautiful Bill,ÃÛÁÄÖ±²¥ Capito said, noting the bill has prevented a significant tax hike for Americans.
Capito said 400,000 West Virginia seniors on Social Security, or 5% of West VirginiaÃÛÁÄÖ±²¥™s workforce, will be getting a $6,000 deduction on their taxes with the bill.
This also includes no taxes on tips or overtime pay.
ÃÛÁÄÖ±²¥œWe made permanent a lot of the tax deductions that you all use in your small businesses, whether itÃÛÁÄÖ±²¥™s interest or deductibility for your capital expenses,ÃÛÁÄÖ±²¥ she said.
The bill also raises the Child Tax Credit, which helps families and their children get tax breaks. This is expected to grow the economy, according to Capito.
Capito, who is also the chair of the Environment and Public Works Committee, discussed redoing the Highway Bill, which helps provide funds to upgrade roads and bridges and with permitting reform for different projects, and the Broadband Equity Access and Development Program, also known as BEAD, which gives access to broadband all across the state.
She said that the new deadline for BEAD will be in September and that a meeting was scheduled for Thursday afternoon to ÃÛÁÄÖ±²¥œtry to make sure that West VirginiaÃÛÁÄÖ±²¥™s program and application is at the top of the pile and that weÃÛÁÄÖ±²¥™re doing it right.ÃÛÁÄÖ±²¥
Capito said, following the passage of the ÃÛÁÄÖ±²¥œOne Big Beautiful Bill,ÃÛÁÄÖ±²¥ she hopes everyone can work together to make West Virginia a better place for businesses.
ÃÛÁÄÖ±²¥œWeÃÛÁÄÖ±²¥™ve set a table that I think is going to be more business friendly, itÃÛÁÄÖ±²¥™s going to be less regulation,ÃÛÁÄÖ±²¥ she said. ÃÛÁÄÖ±²¥œSo, letÃÛÁÄÖ±²¥™s set that table together and move forward and maximize our opportunities.ÃÛÁÄÖ±²¥
Sen. Jim Justice, R-W.Va., agreed, noting ÃÛÁÄÖ±²¥œWest Virginia businesses are poised to benefit from the Big Beautiful Bill in a huge way.ÃÛÁÄÖ±²¥
Gov. Patrick Morrisey, who also spoke Thursday, said his administration also has been working to eliminate red tape within West Virginia.
ÃÛÁÄÖ±²¥œWe need our government to move even faster than the speed of business,ÃÛÁÄÖ±²¥ Morrisey said.
