Senate Passes 2 Percent Tax Cut

The Senate passed a bill Monday that could reduce personal income taxes by 2 percent. 

In his original call to bring the state legislature into session, Gov. Jim Justice proposed a 5 percent tax cut. After that bill stalled in both chambers he proposed a 2 percent income tax cut on Monday. 

The Senate took up the bill, suspended constitutional rules that require the bill be read on three days, and passed the bill. It passed unanimously. 

The bill would cost the state an estimated $44 millions. The 5 percent tax cut was expected to cost the state more than $110 million. 

If this bill passes the House of Delegates, the state personal income tax will have been reduced over all by about 27 percent.