H. B. 2668
(By Delegates Henderson and Azinger)
[Introduced February 23, 1995; referred to the
Committee on Finance.]
A BILL to amend article twenty-one, chapter eleven of the code
of West Virginia, one thousand nine hundred thirty-one, as
amended, by adding thereto a new section, designated section
thirteen-a, relating to personal income tax; deduction for
home security and safety devices.
Be it enacted by the Legislature of West Virginia:
That article twenty-one, chapter eleven of the code of West
Virginia, one thousand nine hundred thirty-one, as amended, be
amended by adding thereto a new section, designated section
thirteen-a, to read as follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-13a. West Virginia deduction for home security and
safety devices.
The West Virginia deduction for the installation of home
security and safety devices shall be an amount up to five
hundred dollars. The amount deductible shall be up to the first
five hundred dollars of the purchase price of any home security
and safety device installation included. Each resident
individual or husband and wife utilizing this deduction shall be
barred from utilizing this deduction in subsequent taxable years.
NOTE: The purpose of this bill is to grant a one time
deduction up to five hundred dollars for the installation of home
security and safety devices.
This section is new; therefore, strike-throughs and
underscoring have been omitted.