WV HB2622 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Republican 9-0)
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-01-13 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-01-13 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to limit the personal income tax deduction for Smart 529 plan contributions to those payments made when the designated beneficiary is eighteen years of age or younger. Strike‑throughs indicate language that would be stricken from the present law, and underscoring indicates new language that would be added.
Title
Relating to deductions from personal income tax for contributions to state-administered prepaid college tuition contracts or college savings plans
Sponsors
Del. Brian Kurcaba [R] | Del. Jordan Hill [R] | Del. Eric Householder [R] | Sen. Randy Smith [R] |
Del. Paul Espinosa [R] | Del. Michel Moffatt [R] | Del. Danny Wagner [R] | Sen. Eric Nelson [R] |
Del. Scott Cadle [R] |
History
Date | Chamber | Action |
---|---|---|
2016-01-13 | House | To House Finance |
2016-01-13 | House | Introduced in House |
2016-01-13 | House | To Finance |
2016-01-13 | House | Filed for introduction |
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 21 | 12a | Amended Code | Citation Text |
18 | 30 | 9 | Amended Code | Citation Text |