H. B. 4295
(By Delegates Cann, Varner, Stalnaker and Perry)
[Introduced February 4, 2004; referred to the
Committee on Finance.]
A BILL to amend and reenact §13-2G-14 of the code of West Virginia,
1931, as amended, relating to exempting state bonds from
taxation; and clarifying language in this statute.
Be it enacted by the Legislature of West Virginia:
That §13-2G-14 of the code of West Virginia, 1931, as amended,
be amended and reenacted to read as follows:
ARTICLE 2G. STATE REFUNDING BOND ACT.
§13-2G-14. Bonds exempt from taxation.
All bonds of the state, a state agency or state authority
issued hereunder shall be exempt from all state, county, and
municipal taxes, and the exception shall include exemption includes
income, inheritance and property taxes.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would
be added.
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