110 CSR 10J

H. B. 2690

(By Delegates Brown, Miley, Burdiss,

Talbott and Overington)


[Introduced January 29, 2007; referred to the

Committee on Finance then the

Judiciary.]



A BILL to amend and reenact article 7, chapter 64 of the Code of West Virginia, 1931, as amended, relating to authorizing the Tax Department to promulgate a legislative rule relating to abusive tax shelters.

Be it enacted by the Legislature of West Virginia:
That article 7, chapter 64 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 7. AUTHORIZATION FOR DEPARTMENT OF TAX AND REVENUE TO PROMULGATE LEGISLATIVE RULES.

§64-7-1. Tax Department.
The legislative rule filed in the state register on the twenty-fifth day of July, two thousand six, authorized under the authority of section five, article ten, chapter eleven, of this code, modified by the Tax Department to meet the objections of the legislative rule-making review committee and refiled in the state register on the second day of November, two thousand six, relating to the Tax Department (abusive tax shelters, 110 CSR 10J), is authorized.

NOTE: The purpose of this bill is to authorize the Tax Department to promulgate a legislative rule relating to Abusive Tax Shelters.

This section is new; therefore, strike-throughs and underscoring have been omitted.