Senate Bill No. 212
(By Senators Sprouse, Minear and Rowe)
[Introduced January 22, 2003; referred to the Committee on
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
fifteen-a, relating to personal income tax credits; and
allowing a credit against a taxpayer's tax liability for
performing volunteer work for nonprofit organizations.
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
fifteen-a, to read as follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-15a. Credit for volunteer work for 501(c)(3) entities.
A taxpayer is allowed a credit, not to exceed two thousand
dollars in a taxable year, against the tax imposed by the
provisions of this article for volunteer work performed for an
entity which qualifies for exemption from federal income taxation under section 501(c)(3) of the Internal Revenue Code. For each
hour of volunteer work performed, a taxpayer is allowed a credit in
an amount equal to the state average hourly wage for that taxable
year, as determined by the state division of labor.
NOTE: The purpose of this bill is to allow a credit against
the West Virginia personal income tax for volunteer work for
§11-21-15a is new; therefore, strike-throughs and underscoring
have been omitted.