H. B. 2147
(By Delegate Manchin)
[Introduced January 13, 2003; 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-f, relating to exempting from state income tax all
income of West Virginia residents over the age of seventy-four
years.
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-f, to read as follows:
ARTICLE 21. PERSONAL TAX.
§11-21-12f. Income of residents over the age of seventy-four
years exempt.
All income of resident individuals over the age of
seventy-four years, commencing with the tax year two thousand
three, shall be exempt from the tax imposed by this article.
NOTE: The purpose of this bill is to relieve all resident
individuals of the state of West Virginia who are seventy-five
years of age or older from the burden of paying state income tax.
This is a new section; therefore, underscoring and
strike-throughs have been omitted.