By Steven Allen Adams, The Parkersburg News and Sentinel
CHARLESTON, W.Va. — Gov. Jim Justice and the West Virginia Legislature appear to be moving towards a reduced version of the governor’s proposed 5% personal income tax cut.
The House Finance Committee recommended House Bill 237, relating to the personal income tax, for passage to the full House Monday afternoon. The state Senate passed their version, Senate Bill 2033, in a 31-0 vote Monday afternoon, setting up a possible final vote today as lawmakers wrap up the final day of October legislative interim meetings.
“Regardless of what the percentage is, we recognize that we have got funds available to give back to the citizens of West Virginia,” said House Finance Committee Chairman Vernon Criss, R-Wood, following Monday’s House floor session.“I thank the governor’s staff for working with us to make sure we had room in future budgets to be able to offset where these tax cuts come from in a responsible manner,” said Senate Finance Committee Chairman Eric Tarr, R-Putnam, when explaining the bill on the Senate floor Monday afternoon.
Justice issued an amended proclamation earlier Monday with eight new bills, a concurrent resolution, and a change his proposal for a 5% personal income tax cut to a 2% cut.
