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.