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WV SB657

Bill

Official Source

Status

Introduced

3/3/2025

Primary Sponsor

Mike Oliverio

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Exempts retirement income received by retired West Virginia campus police officers from state personal income tax beginning July 1, 2025
  • Applies to retirement income from any retirement system, including qualified plans under section 401 of the Internal Revenue Code sponsored by institutions of higher education
  • Includes survivorship annuities derived from campus police officer retirement programs in the tax exemption
  • Exemption covers retirement income to the extent it is includable in gross income for federal income tax purposes
  • Changes apply retroactively to taxable years beginning after December 31, 2024

Legislative Description

Exempting WV campus police officer retirement income from personal income tax

Retirement

Last Action

To Pensions

3/3/2025

Committee Referrals

Pensions3/3/2025

Full Bill Text

No bill text available