WEST virginia legislature
2020 regular session
Introduced
House Bill 4931
By Delegates Angelucci, Longstreth and Pyles
[Introduced February 11, 2020; 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 §11-21-10b, relating to providing a tax credit for families who have foster children in their care.
Be it enacted by the Legislature of West Virginia:
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-10b. Credit for foster care.
A credit against the tax imposed by the provisions of this article shall be allowed for a foster family for a foster child in their care. The credit is equal to $5,000 for each year the child is in the foster care of that family. The credit must be taken for the year the child is in foster care.
NOTE: The purpose of this bill is to provide a $5000 tax credit for families who have foster children in their care.
Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.