WV SB443 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 27 2012 - 25% progression, died in committee
Action: 2012-02-21 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 27 2012 - 25% progression, died in committee
Action: 2012-02-21 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to reduce state income taxes for state and federal retirees by increasing the exemption on retirement income in calculating the federal gross income for state personal income tax purposes.
Title
Increasing state tax exemption for PERS, TRS and military retirement income
Sponsors
| Sen. Richard Browning [D] | Sen. Evan Jenkins [D] | Sen. Jeffrey Kessler [D] | Sen. Orphy Klempa [D] |
| Sen. John Unger [D] | Sen. Mark Wills [D] | Sen. Jack Yost [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-21 | To Finance | |
| 2012-02-21 | Reported do pass, but first to Finance | |
| 2012-01-27 | To Pensions | |
| 2012-01-27 | Introduced in Senate | |
| 2012-01-27 | To Pensions then Finance | |
| 2012-01-27 | Filed for introduction |
Same As/Similar To
HB2043 (Similar To) 2012-01-11 - To House Finance
HB2364 (Similar To) 2012-01-11 - To House Pensions and Retirement
HB2720 (Similar To) 2012-01-11 - To House Pensions and Retirement
HB2364 (Similar To) 2012-01-11 - To House Pensions and Retirement
HB2720 (Similar To) 2012-01-11 - To House Pensions and Retirement
Subjects
Military Affairs
Retirement -- Education Personnel
Retirement -- Public Employees
Taxation -- Personal & Corporate Income Tax
Retirement -- Education Personnel
Retirement -- Public Employees
Taxation -- Personal & Corporate Income Tax
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 11 | 21 | 12 | Amended Code | Citation Text |
