WV SB520 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 6 2012 - 25% progression, died in committee
Action: 2012-02-06 - To Education
Pending: Senate Education Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 6 2012 - 25% progression, died in committee
Action: 2012-02-06 - To Education
Pending: Senate Education Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to establish incentives to attract and retain young talent to the State of West Virginia. The bill establishes a modification reducing federal adjusted gross income for recent graduates of higher education institutions. The bill requires the Joint Committee on Government and Finance to review the effectiveness of the modification. The bill also provides for rule-making authority.
Title
Providing state income tax exemption for certain graduates of higher education institutions
Sponsors
| Sen. Richard Browning [D] | Sen. Jeffrey Kessler [D] | Sen. Art Kirkendoll [D] | Sen. Orphy Klempa [D] |
| Sen. Corey Palumbo [D] | Sen. John Unger [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-06 | To Education | |
| 2012-02-06 | Introduced in Senate | |
| 2012-02-06 | To Education then Finance | |
| 2012-02-06 | Filed for introduction |
Same As/Similar To
HB4475 (Same As) 2012-03-06 - On 2nd reading to Finance
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 11 | 21 | 12 | Amended Code | Citation Text |
