H. B. 3027
(By Delegates Eldridge, Rodighiero, Ellis, Lane,
Yost, Campbell, Staggers, Marshall and Stephens)
[Introduced
January 9, 2008
; 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 §11-21-12h, relating
to allowing a federal adjusted gross income
deduction for the
amount spent for medical 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 §11-21-12h
, to read as
follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-12h. Additional modification reducing federal adjusted
gross income for medical expenses.
For taxable years beginning after the thirty-first day of
December, two thousand seven, in addition to amounts authorized to
be subtracted from federal adjusted gross income pursuant to
subsection (c), section twelve of this article,
there shall be an
authorized allowable federal adjusted gross income
deduction for sums
spent for reasonable and necessary medical expenses paid on
behalf of a taxpayer and his or her minor children, or in the case
of a married couple jointly filing, on behalf of either spouse and
their minor children, within the taxable year.
NOTE: The purpose of this bill is to allow
a federal adjusted
gross income
deduction for the amount spent for medical expenses.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would
be added.