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WV HB2553

Bill

Official Source

Status

Introduced

2/18/2025

Primary Sponsor

Adam Vance

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Creates a new personal income tax modification exempting the first $20,000 of income from West Virginia state income tax for resident individuals
  • Applies to married couples filing jointly as well as individual filers
  • Takes effect for taxable years beginning on or after January 1, 2025
  • Amends Article 21 of the West Virginia Code by adding section §11-21-12o

Legislative Description

To exempt the first $20,000 of earnings from the state income tax for West Virginia residents

Taxation

Last Action

To House Finance

2/18/2025

Committee Referrals

Finance2/18/2025

Full Bill Text

No bill text available