Loading chat...

WV HB2467

Bill

Status

Introduced

2/17/2025

Primary Sponsor

Chris Anders

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Abolishes West Virginia's personal income tax for all tax years beginning after December 31, 2025
  • Applies to individuals, estates, electing pass-through entities, and trusts currently subject to the state income tax
  • Maintains existing exemptions for partnerships, associations taxable as corporations, and tax-exempt trusts/organizations through the 2025 tax year
  • Preserves the 2024 exemption for income from non-grantor trusts administered by licensed private trust companies until the full abolition takes effect

Legislative Description

To eliminate the Personal Income tax in WV

Taxation

Last Action

To House Finance

2/17/2025

Committee Referrals

Finance2/17/2025

Full Bill Text

No bill text available