Introduced Version
House Bill 2422 History
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Key: Green = existing Code. Red = new code to be enacted
H. B. 2422
(By Delegate Boggs)
[Introduced February 13, 2013; referred to the
Committee on Finance.]
A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §11-21-12j, relating
to providing an additional decreasing modification reducing
federal adjusted gross income for income earned by military
personnel and their spouses during a period of service in an
area of armed conflict.
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 §11-21-12j, to read as
follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-12j. Additional decreasing modification reducing federal
adjusted gross income for income earned for
military personnel and their spouses during period of service in an area of armed conflict.
_____In addition to amounts authorized to be subtracted from
federal adjusted gross income pursuant to section twelve of this
article, a modification reducing federal adjusted gross income is
hereby authorized in the amount of any income received by an
individual during the period of time the individual is serving in
the active service of the Armed Forces of the United States or
National Guard in an area of armed conflict between military forces
of the United States and hostile forces, and in the amount of any
income received by the spouse of such individual during that period
of time, up to a maximum of $100,000 per year for individual filers
and persons who are married but filing separately, and $200,000 per
year for persons who are married and filing jointly, but only to
the extent the amount is not allowable as a deduction when arriving
at the taxpayer's federal adjusted gross income for the taxable
year in which the payment is made. This modification is available
regardless of the type of return form filed: Provided, That the
amount of the decreasing modification, in combination with all
other decreasing modifications authorized pursuant to this article,
shall in no event reduce taxable income below zero. The provisions
of this section are effective for taxable years beginning on and
after January 1, 2014.
NOTE: The purpose of this bill is to provide an additional
decreasing modification reducing federal adjusted gross income for
income earned by military personnel and their spouses during a
period of service in an area of armed conflict.
This section is new; therefore, it has been completely
underscored.