Exempts pension benefits for first responders from West Virginia income tax.
The bill amends the West Virginia Code to exempt pension benefits for first responders from state income tax. This includes pensions and annuities for police officers, firefighters, and other first responders retiring to West Virginia. The exemption applies to income received after December 31, 1979, under various West Virginia retirement systems. The changes will apply to taxable years beginning after December 31, 2023.
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