H. B. 4136
(By Delegates Kump, Faircloth, Frich, Folk
[Introduced January 14, 2014; referred to the
Committee on Education then Finance.]
A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §11-21-24a, relating to authorizing a tax credit for parents and legal guardians whose children attend a nonpublic school; and providing a short title.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §11-21-24a, to read as follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-24a. Tax credit for nonpublic schooling; short title.
(a) This section may be known and cited as the “Educational Equality Act.”
(b) For tax years beginning after December 31, 2013 a parent or legal guardian who is a resident of West Virginia is entitled to receive a tax credit against his or her personal income tax liability, otherwise due under this article, upon the completion of a school year, as set forth in section two, article one, chapter eighteen, in the amount of $500 per child for each child attending a nonpublic school. The nonpublic school must meet the educational requirements set by the State Board of Education for primary and secondary programs and standards. The State Board of Education may not create any additional regulations over the education of a child whose parent or legal guardian receives a tax credit as authorized by this section.
(c) The Tax Commissioner may propose legislative rules for promulgation in accordance with article three, chapter twenty-nine-a of this code in order to implement this section and develop and publish any instructions, any or all of which as may be determined to be necessary to provide to taxpayers guidance and assistance when claiming this tax credit.
NOTE: The purpose of this bill is to provide a personal income tax credit to parents or legal guardians children attend a nonpublic school. The tax credit will be effective upon the completion of a school year and available at a rate per child of $500 for each year of schooling. The bill also provides a short title.
This section is new; therefore, it has been completely underscored.