WV SB151 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Passed on May 1 2023 - 100% progression
Action: 2023-05-01 - Chapter 305, Acts, Regular Session, 2023
Text: Latest bill text (Enrolled) [HTML]

Summary

The purpose of this bill is to establish allow pass-through entities to elect to be taxed at the entity level and to provide a refundable tax credit to owners or members of an electing pass-through entity on their individual tax returns.

Tracking Information

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Title

Levying tax on pass-through entity's income

Sponsors


Roll Calls

2023-03-10 - Senate - Senate concurred in House amendments and passed bill (Roll No. 489) (Y: 32 N: 1 NV: 0 Abs: 1) [PASS]
2023-03-09 - House - Passed House (Roll No. 592) (Y: 91 N: 1 NV: 0 Abs: 8) [PASS]
2023-02-17 - Senate - Effective July 1, 2023 (Roll No. 198) (Y: 33 N: 0 NV: 0 Abs: 1) [PASS]
2023-02-17 - Senate - Passed Senate (Roll No. 198) (Y: 33 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2023-05-01SenateChapter 305, Acts, Regular Session, 2023
2023-03-11HouseApproved by Governor 3/28/2023 - House Journal
2023-03-11SenateApproved by Governor 3/28/2023 - Senate Journal
2023-03-28SenateApproved by Governor 3/28/2023
2023-03-11HouseTo Governor 3/16/2023 - House Journal
2023-03-11SenateTo Governor 3/16/2023 - Senate Journal
2023-03-16SenateTo Governor 3/16/2023
2023-03-10SenateEffective ninety days from passage
2023-03-10SenateCompleted legislative action
2023-03-10SenateCommunicated to House
2023-03-10SenateSenate concurred in House amendments and passed bill (Roll No. 489)
2023-03-10SenateHouse Message received
2023-03-09HouseCommunicated to Senate
2023-03-09HouseTitle amendment adopted (Voice vote)
2023-03-09HousePassed House (Roll No. 592)
2023-03-09HouseRead 3rd time
2023-03-09HouseOn 3rd reading, Special Calendar
2023-03-08HouseCommittee amendment adopted (Voice vote)
2023-03-08HouseRead 2nd time
2023-03-08HouseOn 2nd reading, Special Calendar
2023-03-07HouseRead 1st time
2023-03-07HouseOn 1st reading, Special Calendar
2023-03-06HouseWith amendment, do pass
2023-02-20HouseTo House Finance
2023-02-20HouseTo Finance
2023-02-20HouseIntroduced in House
2023-02-17SenateOrdered to House
2023-02-17SenateEffective July 1, 2023 (Roll No. 198)
2023-02-17SenatePassed Senate (Roll No. 198)
2023-02-17SenateRead 3rd time
2023-02-17SenateOn 3rd reading
2023-02-16SenateRead 2nd time
2023-02-16SenateOn 2nd reading
2023-02-15SenateRead 1st time
2023-02-15SenateOn 1st reading
2023-02-14SenateCommittee substitute reported
2023-01-12SenateTo Finance
2023-01-12SenateIntroduced in Senate
2023-01-12SenateTo Finance
2023-01-12SenateFiled for introduction

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
112120Amended CodeCitation Text
11213Amended CodeCitation Text
11213aNew CodeSee Bill Text

West Virginia State Sources

TypeSource
Summaryhttp://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=151&year=2023&sessiontype=RS&btype=bill
Texthttp://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb151%20intr.htm&yr=2023&sesstype=RS&i=151
Texthttp://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb151%20sub1.htm&yr=2023&sesstype=RS&i=151
Texthttp://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb151%20sub1%20enr.htm&yr=2023&sesstype=RS&i=151
Amendmenthttp://www.wvlegislature.gov/legisdocs/chamber/2023/RS/com_amends/sb151%20h%20fin%20amt.htm
Amendmenthttp://www.wvlegislature.gov/legisdocs/chamber/2023/RS/com_amends/sb151%20h%20fin%20am%20_1.htm
Amendmenthttp://www.wvlegislature.gov/legisdocs/chamber/2023/RS/com_amends/sb151%20h%20fin%20am%20_1%20adopted.htm
Amendmenthttp://www.wvlegislature.gov/legisdocs/chamber/2023/RS/com_amends/sb151%20h%20fin%20amt%20adopted.htm
Supplementhttp://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=859202648
Supplementhttp://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=864203833
Roll Callhttp://www.wvlegislature.gov/legisdocs/2023/RS/votes/senate/02-17-0198.pdf
Roll Callhttp://www.wvlegislature.gov/legisdocs/2023/RS/votes/house/00592.pdf
Roll Callhttp://www.wvlegislature.gov/legisdocs/2023/RS/votes/senate/03-10-0489.pdf

Bill Comments

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