Relating to limiting the personal income tax

HB 2168 establishes a new personal income tax structure in West Virginia, effective for taxable years beginning after December 31, 2024. It exempts the first $20,000 of taxable income from state income tax, meaning individuals earning $20,000 or less pay 0% tax on that portion. Income exceeding $20,000 is taxed at a flat 3% rate for all filers, including single, joint, and head-of-household returns (though married couples filing separately face the same $20,000 threshold). This replaces previous tax brackets under §11-21-4e and directly affects West Virginia residents with taxable income above the exemption level.