H. B. 4803
(By Delegate Hall)
[Introduced February 24, 2006; referred to the
Committee on Finance.]
A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §11-21-12f, relating
to allowing individuals to reduce their federal adjusted gross
income for nonreimbursable employee expenses.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended
by adding thereto a new section, designated §11-21-12f, to read as
follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-12f. Deduction for nonreimbursable employee expenses
.
For taxable years beginning on and after the first day of
January, two thousand seven, an individual may deduct from his or
her federal adjusted gross income ordinary and necessary business
expenses, as defined by forms 2106 and 2106-EZ of the Internal
Revenue Service, attributable to his or her employment that are not reimbursed by the employer.
NOTE: The purpose of this bill is to allow individuals to
reduce their federal adjusted gross income for nonreimbursable
employee expenses.
This section is new; therefore, strike-throughs and
underscoring have been omitted.