West Virginia Watch, News from the States – The West Virginia House of Delegates on Thursday unanimously passed legislation that would eliminate the state’s tax on Social Security benefits.
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House Bill 4880 would implement the tax cut over three years, starting with a 35% deduction for 2024, 65% for 2025 and 100% for 2026.
Eliminating the state tax on Social Security is one of three tax cuts Gov. Jim Justice has proposed in his $5.26 billion fiscal year 2025 budget. Eliminating the tax would mean about $37 million loss in revenue and the three tax cuts together equal about $50 million.
