HB4007 HFA Rowe et al 2-10

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               Delegates Rowe, Boggs, Pethtel, Fluharty, Williams and Hornbuckle move to amend HB4007 on page 2, Section 4q, by striking out lines 12 through 45, and inserting in lieu thereof, the following:

“
Taxable Income	Tax Rate
Not over $10,000	2.7% of taxable income
Over $10,000 but not over $25,000	$270 plus 3.6% of excess over $10,000
Over $25,000 but not over $40,000	$810 plus 4.05% of excess over $25,000
Over $40,000 but not over $60,000	$1,417.50 plus 5.4% of excess over $40,000
Over $60,000 but not over $100,000	$2,497.50 plus 5.85% of excess over $60,000
Over $100,000	$4,837.50 plus 6.5% of excess over $100,000
(2) Rate of tax on married individuals filing separate returns. — In the case of husband and wife filing separate returns under this article for the taxable year, the tax imposed by §11-21-3 of this code on the West Virginia taxable income of each spouse shall be determined in accordance with the following table:
Taxable Income	Tax Rate
Not over $5,000	2.7% of taxable income
Over $5,000 but not over $12,500	$135 plus 3.6% of excess over $5,000
Over $12,500 but not over $20,000	$405 plus 4.05% of excess over $12,500
Over $20,000 but not over $30,000	$708.75 plus 5.4% of excess over $20,000
Over $30,000 but not over $50,000	$1,248.75 plus 5.85% of excess over $30,000
Over $50,000	$2,418.75 plus 6.5% of excess over $50,000”