H. B. 2483
(By Delegates Walters, Hall, Sprouse, Harrison, Given,
Clements and Border)
[Introduced February 15, 1995; referred to the
Committee on Finance.]
A BILL to amend and reenact article twenty-one, chapter eleven
of the code of West Virginia, one thousand nine hundred
thirty-one, as amended, by adding thereto a new section
designated section forty-five relating to providing a credit
relative to personal income tax for health care costs.
Be it enacted by the Legislature of West Virginia:
That article twenty-one, 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
forth-five to read as follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-45. Credit for health care costs paid and health insurance.
Persons filing state income tax returns shall be entitled to
apply a credit up to five hundred dollars against their tax
liability of all amounts paid for health or medical care for such
person or for such person's spouse, children or other dependents,
which is not paid for or reimbursed by an insurance company or
other third-party provider. Persons filing state tax returns
shall also be entitled to a tax credit against their tax
liability of fifty percent of all amounts paid for health care or
medical insurance that covers such person or such person's
spouse, children or other dependents.
NOTE: The purpose of this bill is to provide a state tax
credit for amounts paid for medical care or medical insurance.
The bill provides a one-hundred percent credit for amounts paid
for medical care and a fifty percent credit for amounts paid for
Section forty-five is new; therefore, strike-throughs and
underscoring have been omitted.