Senate Bill No. 266
(By Senator Snyder)
[Introduced February 16, 2009; referred to the Committee on the
Judiciary; then to the Committee on Finance.]
A BILL to amend and reenact §11-21-10a of the Code of West
Virginia, 1931, as amended, relating to raising the tax credit
for nonfamily adoptions to $4,000.
Be it enacted by the Legislature of West Virginia:
That §11-21-10a of the Code of West Virginia, 1931, as
amended, be amended and reenacted to read as follows:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-10a. Credit for nonfamily adoption.
A one time credit against the tax imposed by the provisions of
this article shall be allowed as follows:
Nonfamily adoptions. --
For nonfamily adoptions, the credit is
two thousand dollars $4,000
which may be taken in the year
of the adoption of each nonfamily child, whose age at adoption is
under eighteen years. This credit may, at the option of the
taxpayer, be taken over a period of three years.
For the purpose of this section and credit "nonfamily
adoptions" means adoptions of a child or children by a taxpayer or
taxpayers which child or children are not related to the taxpayer
or taxpayers by blood or marriage.
NOTE: The purpose of this bill is to raise the tax credit for
nonfamily adoptions from $2,000 to $4,000.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would