This bill proposes an amendment to the Code of West Virginia by adding a new section, 11-21-12o, which specifically addresses the taxation of overtime pay. The key provision of the bill states that overtime pay will be exempt from the personal income tax imposed under the current law.

The intent of this legislation is to alleviate the tax burden on individuals who earn overtime wages, thereby providing financial relief to workers who put in extra hours. By exempting overtime pay from personal income tax, the bill aims to support the workforce and encourage additional work hours without the penalty of increased taxation.

Statutes affected:
Introduced Version: 11-21-12o