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WV HB5134

WV HB5134
Deceased Disabled Veteran Real Property Exemption for Widowed Spouses


summary

Introduced
01/25/2024
In Committee
03/04/2024
Crossed Over
02/27/2024
Passed
Dead
03/30/2024

Introduced Session

Potential new amendment
2024 Regular Session

Bill Summary

A BILL to amend and reenact §11-13MM-2 and §11-13MM-4 of the Code of West Virginia, 1931, as amended, all relating to providing for the continuation of the disabled veteran real property tax credit for certain widowed spouses.

AI Summary

This bill aims to provide a continuation of the disabled veteran real property tax credit for certain widowed spouses. It amends the existing law to define a "widowed spouse of a disabled veteran taxpayer" and allow such spouses to continue receiving the disabled veteran real property tax credit after the death of the disabled veteran. The bill also clarifies the application of the credit against personal income tax and the circumstances under which the tax credit would terminate.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (11)

Last Action

Referred to Finance (on 03/04/2024)

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