Introduced Version
Senate Bill 651 History
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Key: Green = existing Code. Red = new code to be enacted
Senate Bill No. 651
(By Senators Harrison, Unger and Minard)
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[Introduced March 21, 2005; referred to the Committee
on Finance.]
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A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §11-21-21a, relating
to personal income tax; and providing a fifty-dollar tax
credit for each dependent child of the taxpayer having an
adjusted gross federal income tax of less than one hundred
thousand dollars.
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 §11-21-21a, to read as
follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-21a. Credit for dependent child.
(a) General. -- Resident parents or legal guardians having a
federal adjusted gross income of less than one hundred thousand
dollars are entitled to a tax credit against personal income tax of fifty dollars for each dependent child.
(b) Limitations. -- The credit under this section may not
exceed the tax otherwise due under this article.
NOTE: The purpose of this bill is to create a tax credit of
fifty dollars for each dependent child of the taxpayer.
This section is new; therefore, strike-throughs and
underscoring have been omitted.
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