FISCAL NOTEWEST VIRGINIA LEGISLATURE

2022 REGULAR SESSION

Introduced

Senate Bill 155

By Senator Baldwin

[Introduced January 12, 2022; referred
to the Committee on Finance]

A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §11-21-26, relating to creating a tax credit for individuals who successfully complete a firearms safety course.

Be it enacted by the Legislature of West Virginia:

ARTICLE 21. PERSONAL INCOME TAX.

§11-21-26. Firearm safety course expenses tax credit; definition.

(a) Credit allowed. — For those tax years beginning on or after January 1, 2022, there is allowed a nonrefundable credit for enrolling in and successfully completing a firearm safety course by a qualified individual.

(b) Amount of credit. — A qualified individual may claim a tax credit not to exceed $250.

(c) Unused credit. — If any credit remains after application of this section that amount is forfeited. A carryback to a prior taxable year is not allowed for the amount of any unused portion of any annual credit allowance.

(d) Firearms safety course defined. -- For the purposes of this section “firearms safety course” means:

(1) An official National Rifle Association handgun safety or training course;

(2) A handgun safety or training course or class available to the general public offered by an official law-enforcement organization, community college, junior college, college, or private or public institution or organization or handgun training school utilizing instructors certified by the institution;

(3) A handgun training or safety course or class conducted by a handgun instructor certified as such by the state, or by the National Rifle Association;

(4) A handgun training or safety course or class conducted by any branch of the United States military, Reserve or National Guard or proof of other handgun qualification received while serving in any branch of the United States military, Reserve or National Guard.

 

NOTE: The purpose of this bill is to create a tax credit for individuals who successfully complete a firearms safety course.

 

Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.