H. B. 2493
(By Delegates Walters, Armstead,
Harrison and Webb)
[Introduced February 22, 2001; referred to the
Committee on Finance.]
A BILL to amend article twenty-seven, chapter eleven of the code of
West Virginia, one thousand nine hundred thirty-one, as
amended, by adding thereto a new section, designated section
thirty-six, relating to phasing out certain health provider
taxes within five years.
Be it enacted by the Legislature of West Virginia:
That article twenty-seven, 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
thirty-six, to read as follows:
ARTICLE 27. HEALTH CARE PROVIDER TAXES.
§11-27-36. Reduction and abolishment of tax.
(a) The taxes imposed by sections five, six, thirteen, fourteen, seventeen, eighteen and nineteen of this article shall be
reduced, beginning on the first day of July, two thousand two, to
one and four-tenths percent. Beginning on the first day of July,
two thousand three, the tax shall be further reduced to one and
five hundredths percent. Beginning on the first day of July, two
thousand four, the tax shall be further reduced to seven tenths of
one percent. Beginning on the first day of July, two thousand
five, the tax shall be further reduced to thirty-five hundredths of
one percent. Beginning on the first day of July, two thousand six,
the tax shall be abolished.
(b) The tax imposed by section sixteen of this article shall
be reduced, beginning on the first day of July, two thousand two,
to one and six-tenths percent. Beginning on the first day of July,
two thousand three, the tax shall be further reduced to one and
two-tenths percent. Beginning on the first day of July, two
thousand four, the tax shall be further reduced to eight tenths of
one percent. Beginning the first day of July, two thousand five,
the tax shall be further reduced to four tenths of one percent.
Beginning the first day of July, two thousand six, the tax shall be
abolished.
NOTE: The purpose of this bill is to phase out the taxes
imposed on some of the health care providers over five years,
beginning on July 1, 2002.
This section is new; therefore, strike-throughs and
underscoring have been omitted.