WEST virginia Legislature
2017 regular session
By
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to the Committee on Education then Finance.
A BILL to amend the Code
of West Virginia, 1931, as amended, by adding thereto a new section, designated
§11-21-25, relating to allowing a taxpayer a personal income tax credit for
each dependent that participated in home educational instruction for the most
recent academic year.
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 §11-21-25, to read as follows:
ARTICLE 21. PERSONAL
INCOME TAX.
§11-21-25. Home
Instruction Tax Relief Act.
(a) Short Title.-- This section shall be known and may be cited as the
“Home Instruction Tax Relief Act.”
(b) Definitions.-- For the purposes of this section “home instruction”
means the home educational instruction of a child that complies with the
requirements of section one, article eight, chapter eighteen of this code.
(c) Credit Allowed.-- For tax years beginning on or after January 1,
2017, a taxpayer shall be allowed a credit against the tax imposed by this
article in the amount of $100 for each child in the taxpayer’s household that
meets the following requirements:
(1) The taxpayer claimed
the child as a dependent, as defined by 26 U.S.C. § 152, on the taxpayer’s
federal income tax return for the taxable year; and
(2) The child participated
in home instruction, in compliance with section one, article eight, chapter
eighteen of this code, for the duration of the most recent academic year.
NOTE: The purpose of this bill is
to allow a taxpayer a personal income tax credit for each dependent that
participated in home educational instruction for the most recent academic year.
Strike-throughs indicate language
that would be stricken from a heading or the present law and underscoring
indicates new language that would be added.