Senate Bill No. 222
(By Senators Craigo, Jackson, Kessler, Walker, Scott, Buckalew,
Ross, Wooton, McKenzie, Schoonover, Love, Sprouse, Hunter, Ball,
Deem, Dugan, Minear, Boley, Dittmar, Anderson, Fanning, Prezioso,
Bowman, Kimble, Helmick, White, Oliverio, Chafin, Tomblin, Mr.
President and Snyder)
[Introduced January 26, 1998; referred to the Committee
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
eight-g, relating to a credit against personal income tax
for long-term health care insurance premiums.
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
eight-g, to read as follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-8g. Credit for long-term health care insurance premiums.
A credit against the tax imposed by the provisions of this
article is allowed for insurance premiums for those policies
covering persons against the cost of long-term medical and other
health-related care in the event of a catastrophic illness.
The credit is equal to ten percent of the annual premium
NOTE: The purpose of this bill is to allow a ten-percent
credit against personal income tax for the annual amount paid for
long-term health insurance premiums.
This section is new; therefore, strike-throughs and
underscoring have been omitted.