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WV HB2467
Bill
Status
Introduced
2/17/2025
Primary Sponsor
Chris Anders
Click for details
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