H. B. 4374
(By Delegates Ashley, Doyle, Amores,
Leach, Perdue and Ross)
[Introduced February 3, 2000; referred to the
Committee on Education then 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
forty-five, relating to creating a tax credit for tuition paid
at state institutions of higher education.
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
forty-five, to read as follows:
PART I. GENERAL.
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-45. Credit for tuition paid to state institutions of higher education.
The tax imposed by this article shall be subject to a credit
of fifty percent of any tuition paid to attend any publicly funded
state institution of higher learning during the taxable year. The
credit shall be available to any parent or, if filing jointly,
parents of a student, or to the student, depending on the taxpayer
who actually pays the tuition.
NOTE: The purpose of this bill is to provide a tax credit for
taxpayers who pay tuition to state institutions of higher
education. The credit is 50% of the tuition paid in a tax year.
This section is new; therefore, strike-throughs and
underscoring have been omitted.