H. B. 3204
(By Delegates Boggs, Barker, Campbell, Craig,
Ireland, Perry, Reynolds, Tabb, Talbott
and Williams)
[Introduced January 13, 2010; referred to the
Committee on Energy, Industry and Labor, Economic Development and
Small Business then Finance.]
A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §11-21-10b,
relating to allowing a credit against state personal income
tax for the purchase of new wood or pellet stove, and the
purchase of wood pellets within the State of West Virginia;
and establishing the qualifying performance criteria for
those stoves.
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 §11-21-10b, to read
as follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-10b. Credit for wood and pellet stoves.
(a) A one-time $300 credit against the tax imposed by the
provisions of this article shall be allowed for a new wood or pellet stove: Provided, That the equipment:
(1) Is purchased on or after July 1, 2009;
(2) Produces less than 250,000 British thermal units (BTU)
per hour heat input;
(3) Is installed in a residential dwelling within this
state; and
(4) Is listed in the United States Environmental Protection
Agency (EPA) List of EPA certified wood stoves or has a
certificate of performance from a currently EPA certified wood
stove testing laboratory. All must show:
(A) A noncatalytic wood stove with emissions of 4.5 grams of
smoke per hour or less; or
(B) A catalytic wood or pellet stove with emissions of 2.5
grams of smoke per hour or less.
(b) An additional one-time $300 credit against the tax
imposed by the provisions of this article shall also be allowed
for the purchase of wood pellets within the State of West
Virginia.
NOTE: This bill shall allow a credit against state personal
income tax for the purchase of a new wood or pellet stove, as
well as a credit for the purchase of wood pellets within the
State of West Virginia.
Strike-throughs indicate language that would be stricken
from the present law, and underscoring indicates new language
that would be added.