H. B. 4524
(By Delegate Fragale)
[Introduced February 23, 1998; referred to the
Committee on Finance.]
A BILL to amend 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
twelve-c, relating to providing an exemption from gross
income for active members of volunteer fire departments for
state personal income tax purposes.
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
twelve-c, to read as follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-12c. Exemption for volunteer fire department members.
(a)
In addition to amounts authorized to be subtracted from
federal adjusted gross income pursuant to subsection (c), section twelve of this article, an active member in good standing of a
volunteer fire department may deduct one thousand dollars as an
additional modification reducing the member's federal adjusted
gross income.
(b) The reduction is allowed only to the extent the amount
is not otherwise allowable as a deduction when arriving at the
taxpayer's federal adjusted gross income for the taxable year.
NOTE: The purpose of this bill is to allow active members
in good standing of volunteer fire departments to exempt one
thousand dollars from their gross income for state personal
income tax purposes.
This section is new; therefore, strike-throughs and
underscoring have been omitted.