Senate Bill No. 402
(By Senators Craigo and Dittmar)
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[Introduced February 21, 1994; referred to the Committee
on Finance.]
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A BILL to amend article ten, chapter eleven of the code of West
Virginia, one thousand nine hundred thirty-one, as amended,
by adding thereto a new section, designated section twenty-
two, relating to retroactive tax laws.
Be it enacted by the Legislature of West Virginia:
That article ten, chapter eleven of the code of West
Virginia, one thousand nine hundred thirty-one, as amended, be
amended by adding thereto a new section, designated section
twenty-two, to read as follows:
ARTICLE 10. PROCEDURE AND ADMINISTRATION.
§11-10-22. Retroactive tax laws.
No tax law enacted under this chapter shall have retroactive
effect. Any tax law so enacted under this chapter shall be made
effective on or before the thirty-first day of December of the
preceding calendar year.
NOTE: The purpose of this bill is to establish that no taxlaw shall have retroactive effect.
This section is new; therefore, strike-throughs and
underscoring have been omitted.