Current:Home > MyPoinbank Exchange|West Virginia lawmakers delay taking up income tax cut and approve brain research funds -MoneyStream
Poinbank Exchange|West Virginia lawmakers delay taking up income tax cut and approve brain research funds
Fastexy Exchange View
Date:2025-04-09 23:50:35
CHARLESTON,Poinbank Exchange W.Va. (AP) — West Virginia lawmakers speedily approved funding for the state veterans home, a program to help kids at risk of dropping out of school and other proposals on Monday after gaveling in for a special session called by Republican Gov. Jim Justice.
The GOP-controlled Legislature deferred action on proposals for an income tax cut and a child-dependent tax credit until Sunday, when lawmakers were already scheduled to return for interim meetings.
Both the House and Senate voted to bypass a rule requiring bills to be read three times on three separate days to greenlight the funding proposals, which now head to the governor’s desk.
The funding approved includes $1.2 million for the West Virginia Veterans Home in Barboursville and $10 million for Communities In Schools, a program that helps support students from low-income families to graduate high school.
Lawmakers also approved $2 million for West Virginia University’s Rockefeller Neuroscience Institute in Morgantown. The money will support research on using ultrasound technology as a treatment for addiction and Alzheimer’s disease.
Among the proposals lawmakers delayed taking up was a measure from Justice to further cut the state income tax. Justice, who is in his second term and is running for Senate, has been pushing for lawmakers to slash the state’s personal income tax by an additional 5%, after signing a 21.25% tax cut into effect last year. The income tax is already expected to drop a further 4% in the new year, per a trigger in the 2023 law that allows for further tax cuts if the state meets higher-than-anticipated revenue collections.
veryGood! (31326)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Shohei Ohtani finally reveals name of his dog. And no, it's not Dodger.
- The IBAMmys: The It's Been A Minute 2023 Culture Awards Show
- 85-year-old man charged after stabbing wife over pancakes she made for him, DC prosecutors say
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Atlanta: Woman killed in I-20 crash with construction vehicle
- Eggflation isn't over yet: Why experts say egg prices will be going up
- The Indicator of the Year
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Chargers still believe in Staley after historic 63-21 loss to rival Raiders
Ranking
- This was the average Social Security benefit in 2004, and here's what it is now
- Dodgers acquiring standout starter Tyler Glasnow from Rays — pending a contract extension
- Greta Gerwig named 2024 Cannes Film Festival jury president, first American female director in job
- Where is Santa? Here's when NORAD and Google's Santa Claus trackers will go live
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Why Emily Blunt Was Asked to Wear Something More Stylish for Her Devil Wears Prada Audition
- Hawaii governor wants 3,000 vacation rentals converted to housing for Maui wildfire survivors
- Hague court rejects bid to ban transfer to Israel of F-35 fighter jet parts from Dutch warehouse
Recommendation
Current, future North Carolina governor’s challenge of power
'Mayday': Small plane crashes onto North Carolina interstate; 2 people sent to hospital
Q&A: The Sort of ‘Breakthrough’ Moment Came in Dubai When the Nations of the World Agreed to Transition Away From Fossil Fuels
Are you playing 'Whamageddon'? It's the Christmas game you've probably already lost
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Lights flicker across NYC as brief power outage affects subways, elevators
How Eagles' Christmas album morphed from wild idea to hit record
Horoscopes Today, December 15, 2023