Bill > SB75

This bill amends West Virginia tax law to exempt certain pension benefits from taxation, specifically targeting retirement income received by first responders. The key change involves modifying Section 11-21-12 of the West Virginia Code, which deals with West Virginia adjusted gross income for resident individuals. The bill removes language that previously excluded retirement income from West Virginia police, firemen's, state police, and deputy sheriff retirement systems, and inserts new language that broadly includes retirement income from any "Police, Firemen’s Retirement System or Police Death, Disability and Retirement Fund, State Police Retirement System or Deputy Sheriff Retirement System," along with any survivorship annuities derived from these programs, as long as they are includable in federal income tax. This change aims to provide tax relief to these specific groups of retirees.