S. B. 1017 – “A BILL to amend and reenact §11-15-2, §11-15-3, §11-15-9, §11-15-9b and §11-15-9h of the Code of West Virginia, 1931, as amended; to amend said code by adding thereto three new sections, designated §11-15-3d, §11-15-3e and §11-15-35; to amend and reenact §11-15A-2 and §11-15A-10 of said code; to amend and reenact §11-21-8a, §11-21-8e, §11-21-12 and §11-21-16 of said code; and to amend and reenact §11-24-23a and §11-24-23e of said code; all relating generally to the Tax Reform Act of 2017; defining terms; imposing sales and service tax and use tax on telecommunication services and ancillary telecommunication services as of specified date; imposing consumer sales and service tax and use tax on digital code and digital products as of specified date; eliminating exemption from consumers sales and service tax and use tax for certain memberships or services provided by health and fitness organizations; eliminating exemption from consumers sales and service tax and use tax for primary opinion research services; eliminating exemption from consumer sales and service tax and use tax for certain supplies and materials directly used and consumed in the business activity of communications; imposing a limit on amount of funds from consumer sales and service tax reimbursements, for materials acquired for second party use in state highway projects, that may be transferred to the State Road Fund; eliminating exemption from consumer sales and service tax and use tax for sale of electronic data processing services; providing the Tax Commissioner with rule-making authority and emergency rule-making authority related to changes in consumer sales and service tax; increasing amount of credit allowed against personal and corporation net income taxes for qualified building rehabilitation expenditures made after specified date; establishing limitations on carryback, carryforward, and allowable amount of credit for qualified building rehabilitation expenditures; providing that tax credit for qualified building rehabilitation expenditures will not be available to taxpayers in arrears of payment of certain taxes; providing the Tax Commissioner with rule-making authority related to changes in credit for qualified building rehabilitation expenditures; exempting retirement income for military service from adjusted gross income for purposes of determining personal income tax liability as of specified date; exempting a percentage of social security benefits from adjusted gross income for purposes of determining personal income tax liability for taxpayers meeting certain income requirements for taxable year beginning on January, 1 2018; exempting all social security benefits from adjusted gross income for purposes of determining personal income tax liability for taxpayers meeting certain income requirements for taxable years beginning on and after January, 1 2019; increasing amount of the standard exemption from personal income tax to which taxpayers meeting certain income requirements are entitled, as of specified date; deleting obsolete language; and making technical corrections in various sections.”