Source: http://www.wvlegislature.gov/bill_status/bills_text.cfm?billdoc=HB2685%20ENR%20SUB.htm&yr=2009&sesstype=RS&i=2685
Timestamp: 2018-03-18 22:09:47
Document Index: 378331616

Matched Legal Cases: ['§44', '§44', '§44', '§44', '§44', '§44', 'ART 3']

Enrolled Committee Substitute House Bill 2685 History
HB2685 ENR SUB
(By Delegates Blair, Guthrie and Walters)
AN ACT to amend and reenact §44B-4-409 of the Code of West Virginia, 1931, as amended; to amend and reenact §44B-5-505 of said code; and to amend said code by adding thereto a new section, designated §44B-6-606 , all relating to amending the Uniform Principal and Income Act; complying with IRS comments regarding allocation of IRA distributions; clarifying the formula for calculating how much a trust needs to distribute and how much it can use to pay taxes; and providing effective dates of amendments.
That §44B-4-409 of the Code of West Virginia, 1931, as amended, be amended and reenacted; that §44B-5-505 of said code be amended and reenacted; and that said code be amended by adding thereto a new section, designated §44B-6-606 , all to read as follows:
PART 3--RECEIPTS NORMALLY APPORTIONED
(2) If the trust is initially funded in the calendar year beginning the first day of January, two thousand nine, the date of the decedent's death.
(3) If the trust is not described in paragraph (1) or (2), the first day of January, two thousand nine .