This bill proposes an amendment to the West Virginia personal income tax law, specifically section 11-21-16, to establish a new tax exemption for unborn children. The bill introduces a $2,000 exemption for each unborn child carried by a resident individual, effective for tax years beginning on or after January 1, 2027. The definition of an "unborn child" is provided, specifying it as a member of the species homo sapiens at any stage of development who is carried in the womb and is not aborted.

Additionally, the bill makes minor adjustments to the language regarding personal exemptions, ensuring that the terms "he" and "she" are included for clarity. The existing exemptions for resident individuals based on taxable years prior to 1983 and subsequent years remain unchanged, with the new unborn child exemption being an addition to the current framework. The overall aim of the bill is to provide financial relief to families expecting children by allowing them to claim this new exemption on their state income tax returns.

Statutes affected:
Introduced Version: 11-21-16