West Virginia 2022 Regular Session

West Virginia House Bill HB2283

Introduced
1/12/22  

Caption

Creating a healthy living tax credit against the personal income tax

Impact

The bill seeks to amend the state's tax code to introduce this credit, reflecting a broader trend of incorporating wellness incentives into tax policy. By providing financial relief for individuals investing in their health, the legislation is expected to not only empower residents to pursue healthier living but may also positively impact healthcare costs in the future. The measure could play a part in reducing chronic diseases associated with sedentary lifestyles by fostering a culture of health and fitness among citizens.

Summary

House Bill 2283 aims to introduce a healthy living tax credit that taxpayers can claim against their personal income tax. This credit is designed to incentivize healthy behaviors by allowing individuals to deduct expenses related to fitness and wellness from their taxable income. Specifically, the credit can cover costs associated with gym memberships, exercise equipment, and various physical activity classes, up to a limit of $1,000 per year. The measure represents an effort by the West Virginia legislature to promote public health and encourage residents to engage in healthier lifestyles.

Sentiment

The sentiment surrounding HB2283 is generally positive among health advocates and some legislators, who view the healthy living tax credit as a proactive step toward enhancing public wellbeing. Proponents argue that there is a direct connection between physical health and overall community health outcomes. However, there may be skepticism regarding the effectiveness of such tax incentives to truly change behavior on a large scale and whether the cost associated with implementing and regulating the credit is justified.

Contention

A notable point of contention within the discussions around HB2283 revolves around the details of what constitutes 'qualified expenses' for the tax credit. While supporters emphasize the importance of including a wide range of activities and equipment that promote health, there may be disagreements about which items should be eligible for the credit and how the Tax Commissioner will define these terms. Differences in viewpoints suggest that while there is general support for promoting health, the specifics of the legislation could lead to debate among legislators over the best approach.

Companion Bills

No companion bills found.

Previously Filed As

WV SB565

Applying certain manufacturing tax credits against personal income tax

WV SB207

Providing earned income tax credit against personal income tax

WV SB447

Creating personal income tax credit for nurses in WV

WV SB506

Authorizing manufacturing investment tax credit and property tax adjustment credit against personal income tax

WV SB424

Authorizing refundable tax credit applied against personal income tax or corporation net income tax

WV AB24

Personal income taxes: Targeted Child Tax Credit.

WV HB4460

Relating to authorizing application of the manufacturing investment tax credit and the manufacturing property tax adjustment credit against personal income tax

WV SB165

Creating personal income tax credit for nurses in WV

WV SB390

Creating personal income tax credit for nurses in WV

WV SB144

Creating personal income tax credit for volunteer firefighters

Similar Bills

No similar bills found.