WEST virginia Legislature

2016 regular session

Introduced

House Bill 4640

By Delegates J. Nelson, R. Smith, Phillips, Ihle, Butler, McGeehan, Blair, Sobonya, Foster and Frich

[Introduced February 22, 2016; Referred
to the Committee on Education then Finance.]

A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §11-21-24a, relating to providing a tax credit in the amount of fifty percent of the cost of educating a student in a public school for a taxpayer educating a student in a private or home school; and providing for rule-making.

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 §11-21-24a, to read as follows:

ARTICLE 21. PERSONAL INCOME TAX.

§11-21-24a. Tax credit for private schooling.

A parent or legal guardian who is a resident of West Virginia is entitled to receive a tax credit against his or her personal income tax liability, otherwise due under this article, upon the completion of a school year, as defined in section two, article one, chapter eighteen, in the amount of fifty percent of the cost of educating a student in a public school for providing private or home schooling pursuant to the educational requirements set by the State Board of Education for primary and secondary programs and standards.

The State Tax Commissioner shall provide rules for reporting, filing and application of claims for the tax credit provided under this section in a manner which conforms to the rules for tax liability otherwise due.

NOTE: The purpose of this bill is to provide a tax credit in the amount of fifty percent of the cost of educating a student in a public school for educating a student in a private or home school. The bill provides for rule-making authority.

Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.