This bill proposes the addition of a new section, 11-21-98, to the Code of West Virginia, 1931, aimed at providing a tax deduction for individuals' medical payments. Specifically, it allows for the exemption of various medical-related expenses from the state income tax, including payments for medical premiums, medicine, visits to medical providers, mileage incurred while traveling to and from medical providers, and copay payments for medical insurance.

Furthermore, the bill grants the Tax Commissioner the authority to establish necessary rules to implement this tax deduction effectively. This includes the ability to create interpretive, legislative, and procedural rules, as well as the option to promulgate emergency rules as needed. The overall intent of the legislation is to alleviate the tax burden on individuals by allowing them to deduct their medical expenses from their state tax payments.

Statutes affected:
Introduced Version: 11-21-98