2025 Regular Session • West Virginia Legislature
SB518: Exempting non-grantor trusts administered in state from personal income taxation
Legislative Summary
The purpose of this bill is to exempt from state personal income taxation Non-grantor Trusts which have a tax situs in West Virginia.
Demographic Impact
Overall analysis of equity impact
Neutral
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Bill History
2/18/2025
Filed for introduction
Senate
2/18/2025
To Finance
Senate
2/18/2025
Introduced in Senate
Senate
2/18/2025
To Finance
Senate
Status Information
Current Status
Introduced(2/18/2025)
Chamber
Senate
Committee
Finance(Senate)
