Senate Bill No. 654
(By Senators Oliverio, Jenkins, Wells, Browning, Williams, Green
and Stollings)
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[Introduced February 22, 2010; referred to the Committee on
Finance.]
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A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §11-21-43a, relating
to authorizing a tax credit for teachers for out-of-pocket
school supplies not to exceed $200.
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 §11-21-43a, to read as
follows:
PART I. GENERAL.
ARTICLE 21. PERSONAL INCOME TAX.
§11-21-43a. Credit for teachers' out of pocket school supplies.
For taxable years beginning on and after January 1, 2010,
teachers in grades K through 12 shall receive a credit not to
exceed $200, for out of pocket school supplies purchased during the school year. The Tax Commissioner shall provide by appropriate
rule for the reporting, filing and application of claims of the tax
credit provided in this section.
NOTE: The purpose of this bill is to authorize a tax credit,
not to exceed $200, for teachers for out of pocket school supplies.
This section is new; therefore, strike-throughs and
underscoring have been omitted.
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