West Virginia House Bill 2771 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 4)
Status: Introduced on January 24 2011 - 25% progression, died in committee
Action: 2011-01-24 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

The purpose of this bill is to establish the "Stay Home and Work Income Tax Incentive Act"; providing a tax credit for graduates of a higher education institution for a portion of the interest paid on student loans; establishing a one-time modification reducing federal adjusted gross income for recent graduates of higher education institutions up to the first $30,000 with a five year eligibility for such modification; providing that such modification be revoked if the eligible taxpayer establishes residency outside of West Virginia; and the promulgation of rules by the State Tax Commissioner.

Stay Home in West Virginia and Work Tax Incentive

Sen. Daniel Hall [D]

Del. Douglas Reynolds [D]

Del. Doug Skaff [D]

Del. Josh Stowers [D]

Date	Chamber	Action
2011-01-24		To House Finance
2011-01-24		Introduced in House
2011-01-24		To Finance
2011-01-24		Filed for introduction

Chapter	Article	Section	Citation Type	Statute Text
11	13AA	1	New Code	See Bill Text
11	13AA	2	New Code	See Bill Text
11	13AA	3	New Code	See Bill Text
11	13AA	4	New Code	See Bill Text
11	13AA	5	New Code	See Bill Text
11	13BB	1	New Code	See Bill Text
11	13BB	2	New Code	See Bill Text
11	13BB	3	New Code	See Bill Text
11	13BB	4	New Code	See Bill Text
11	13BB	5	New Code	See Bill Text
11	21	12	Amended Code	Citation Text

Type	Source
Summary	http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=2771&year=2011&sessiontype=RS&btype=bill
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=hb2771%20intr.htm&yr=2011&sesstype=RS&i=2771