SB451 HFA Wilson 2-13 #8 reformed

Delegate Wilson moves to amend the bill on page 68, following §18-20-5, by inserting a new article, designated §18-31-1 et seq. to read as follows:

ARTICLE 31. EDUCATION TAX CREDITS.

§18-31-1. Short title.

This article shall be known as the “Education Tax Credit”.

§18-31-2.

The parents and/or legal guardians of each child in the state of West Virginia participating in nonpublic schools between the ages 5 and 20 years old and in grade level K through 12 shall be entitled to tax credit against West Virginia state income tax in an amount up to three thousand dollars for qualifying educational expenses which shall include the following:

(1) Tuition

(2) Transportation costs

(3) Curriculum

(4) Text books

(5) Lab supplies

(6) Educational technology

(7) Tutoring

This tax credit is available only as a credit against state taxes actually owed.