reglab/housing_qa huggingface dataset:
WV Code § 18-30-6a (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30. West Virginia College Prepaid Tuition and Savings Program Act|§18-30-6a. Special Revenue Account Created for Fulfillment of Savings and Investment Programs

[Repealed].
WV Code § 18-30-8 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30. West Virginia College Prepaid Tuition and Savings Program Act|§18-30-8. The College and Jumpstart Savings Administrative Account

(a) There is hereby continued a separate special revenue account within the State Treasury titled the "college prepaid tuition and savings program administrating account", which shall hereafter be known as the College and Jumpstart Savings Administrative Account. The board shall administer and make expenditures from the account for the purposes of implementing, operating, and maintaining the trust funds, the program created by this article, and the program created by 18-30A-1 et seq. of this code.(b) The administrative account shall receive all fees, charges, and penalties collected by the board. Expenditures from the fund are authorized from collections. Any balance, including accrued interest and other returns, remaining in the fund at the end of each fiscal year shall not revert to the General Revenue Fund but shall remain in the fund to be expended as authorized by this section.
WV Code § 18-30-9 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30. West Virginia College Prepaid Tuition and Savings Program Act|§18-30-9. Income Tax Deduction for Purchasers

As provided in section twelve-a, article twenty-one, chapter eleven of this code, any payment made under a prepaid tuition contract or other college savings plan administered by the board, pursuant to the provisions of this article, is eligible for a tax deduction.
WV Code § 18-30-10 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30. West Virginia College Prepaid Tuition and Savings Program Act|§18-30-10. Reports and Account; Annual Audit

(a) In addition to any other requirements of this article, the board shall:(1) Provide annual statements on the savings plan accounts to the respective account owners; and(2) Prepare, or have prepared, a quarterly report on the status of the program, including the trust funds and the administrative account, and provide a copy of the report to the Joint Committee on Government and Finance and the Legislative Oversight commission on education accountability. (b) All accounts of the board, including the trust funds, are subject to an annual external audit by an accounting firm, selected by the board, of which all members or partners assigned to head the audit are members of the American institute of certified public accountants. The audit shall comply with the requirements of 5A-2-33 of this code.
WV Code § 18-30-11 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30. West Virginia College Prepaid Tuition and Savings Program Act|§18-30-11. Financial Aid Eligibility

The calculations of a beneficiarys eligibility for state student financial aid for higher education may not include or consider the value of distributions available in a savings plan account.
WV Code § 18-30-12 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30. West Virginia College Prepaid Tuition and Savings Program Act|§18-30-12. Confidentiality

Any information that would tend to disclose the identity of a beneficiary, account owner or donor is exempt from the provisions of chapter twenty-nine-b of this code. Nothing in this section prohibits disclosure or publication of information in a statistical or other form which does not identify the individuals involved or provide personal information. Account owners are permitted access to their own personal information.
WV Code § 18-30-13 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30. West Virginia College Prepaid Tuition and Savings Program Act|§18-30-13. Remaining Obligations of the Prepaid Tuition Program and Escrow Fund

(a) The Prepaid Tuition Trust Escrow Fund, which was previously authorized by 18-30-6 of this code, is continued in the State Treasury to guarantee payment of outstanding obligations of the Prepaid Tuition Plan arising after the plans closure. The board is authorized to take any action necessary to satisfy obligations of the Prepaid Tuition Plan arising after the plans closure.(b) The Prepaid Tuition Trust Escrow Fund shall consist of any moneys in the fund on the effective date of this section. Up to $1,000,000 may be maintained in the Prepaid Tuition Trust Escrow Fund for a period not to exceed 10 years following the closure of the Prepaid Tuition Fund for the purpose of satisfying any claims against the Prepaid Tuition Trust Plan arising after the plans closure: Provided, That upon the expiration of 10 years following the date of closure of the Prepaid Tuition Trust Fund or when the balance of the Prepaid Tuition Trust Escrow Fund is zero, whichever occurs first, the account shall be closed and any moneys remaining in the Prepaid Tuition Trust Escrow Fund upon said funds closure shall revert to the states General Revenue Fund.(c) The board shall invest the Prepaid Tuition Trust Escrow Fund, in accordance with the provisions of this article, in fixed income securities, and all earnings of the fund shall accrue to the fund and be available for expenditure in accordance with this section.
WV Code § 18-30A-1 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-1. Short Title

This article shall be known, and may be cited as, the "West Virginia Jumpstart Savings Act".
WV Code § 18-30A-2 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-2. Findings

(a) The Legislature recognizes the importance of cultivating an environment in West Virginia where our tradespersons and entrepreneurs can be successful in their careers and remain in their home state. The Legislature finds that a savings and investment program to assist our citizens who wish to embark on a new trade or establish a new business within this state, is an investment in the future of West Virginia and its hardworking citizens. (b) The Legislature further finds that, whenever possible, this article should be read in pari materia and construed in harmony with the West Virginia College Savings Program Act, 18-30-1 et seq. of this code.(c) The Legislature further finds that interests in the Jumpstart Savings Program Trust are intended:(1) To qualify for relevant federal securities law exemptions for public instrumentalities of a state; and(2) To be exempt from registration under Chapter 32 of the West Virginia Code, titled the "Uniform Securities Act."
WV Code § 18-30A-3 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-3. Definitions

For the purposes of this article, the following terms shall have the following meanings:(1) "Account owner" means the person who opens and invests money into a Jumpstart Savings Account, as provided in this article.(2) "Beneficiary" means the person designated as a beneficiary at the time an account is established, or the individual designated as the beneficiary when the beneficiary is changed.(3) The "board" means the Board of Trustees of the West Virginia College and Jumpstart Savings Programs created in 18-30-4 of this code.(4) "Contribution" means any amount of money deposited into a Jumpstart Savings Account according to the procedures established and required by the board or the Treasurer.(5) "Deduction" as used in this article has the same meaning as when used in a comparable context in the laws of the United States relating to income taxes, unless a different meaning is clearly required. Deduction means and refers to a deduction allowable under the federal income tax code for the purpose of determining federal taxable income or federal adjusted gross income, unless text clearly indicates otherwise.(6) "Distributee" has the same meaning provided in 11-21-12m of this code.(7) "Distribution" means any disbursement from an account.(8) The term "family member", as used to describe a persons relationship to a designated beneficiary, includes any of the following: (A) The spouse of the beneficiary;(B) A child of the beneficiary or a descendant of the beneficiarys child;(C) A brother, sister, stepbrother, or stepsister of the beneficiary;(D) The father or mother of the beneficiary, or an ancestor of either;(E) A first cousin of the beneficiary;(F) A stepfather or stepmother of the beneficiary;(G) A son or daughter of a brother or sister of the beneficiary;(H) A brother or sister of the father or mother of the beneficiary;(I) A son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law of the beneficiary; or (J) The spouse of any person described in paragraphs (B) through (I) of this subdivision.(K) Any term set forth in this subdivision means and includes such term as established through a lawful adoption, including, but not limited to, adoptions of a child or children, or other natural person, by a natural person or natural persons who are not the father, mother, or stepparent of the child or person.(9) "Labor organization" means any organization, agency, association, union, or employee representation committee of any kind that exists, in whole or in part, to assist employees in negotiating with employers concerning grievances, labor disputes, wages, rates of pay, or other terms or conditions of employment.(10) The "program" refers to the Jumpstart Savings Program established by this article.(11) The "Treasurer" refers to the West Virginia State Treasurer or his or her designee.
WV Code § 18-30A-4 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-4. West Virginia Jumpstart Savings Program Established

The West Virginia Jumpstart Savings Program is hereby established, to be operable on or before July 1, 2022. The board shall implement and administer the program under the terms and conditions required by this article.
WV Code § 18-30A-5 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-5. The Board of Trustees of the West Virginia College and Jumpstart Savings Programs

The West Virginia Jumpstart Savings Program shall be administered by the Board of Trustees of the West Virginia College and Jumpstart Savings Programs. The board is created in 18-30-4 of this code and is a public instrumentality of the State of West Virginia.
WV Code § 18-30A-7 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-7. Powers and Duties of the Treasurer

(a) In order to implement and administer the program, the Treasurer shall:(1) Provide support staff and office space for the board;(2) Establish and monitor, at the direction of the board, the methods and processes by which the funds held in accounts are deposited and distributed;(3) Charge and collect any necessary administrative fees, penalties, and service charges in connection with any agreement, contract, or transaction relating to the program;(4) Develop marketing plans and promotional material to ensure that potential program beneficiaries will be aware of the program and the advantages the program offers; and(5) Present the annual evaluations and reports required by 18-30A-13 of this code at any meeting or proceeding of the Legislature or the Office of the Governor upon request.(b) In order to implement and administer the program, the Treasurer may:(1) Collect all necessary information from program account holders and beneficiaries;(2) Create forms necessary for implementation of the program;(3) Propose legislative rules for legislative approval, in accordance with the provisions of 29A-3-1 et seq. of this code, that are necessary to effectuate the provisions and purposes of this article; and(4) Perform all other lawful actions necessary to effectuate the provisions of this article, subject to applicable state and federal law.
WV Code § 18-30A-10 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-10. Opening a Jumpstart Savings Account; Deposits

(a) Beginning on July 1, 2022, a person may open a Jumpstart Savings Account. (b) To open a Jumpstart Savings Account, the account owner must:(1) Provide all information required by the Treasurer;(2) Make a minimum opening deposit of $25; and (3) Name a single person as the designated beneficiary: Provided, That the designated beneficiary may be the account owner himself or herself, or another person: Provided, however, That the beneficiary may not be a business, corporation, or enterprise.(c) The Treasurer will deposit $100 from the Jumpstart Savings Expense Fund into a newly opened Jumpstart Savings Account if the following criteria are met:(1) The designated beneficiary is a resident of West Virginia; and(2) The account is opened when the designated beneficiary is under 18 years of age; or (3) The account is opened within the 180 days following the date of the designated beneficiarys enrollment in an apprenticeship or educational program described in 18-30A-11(c)(1)(A) of this code.(d) Any person may make a contribution to a Jumpstart Savings Account after the account is opened, subject to applicable state and federal laws.(e) The Treasurer shall prescribe all forms required to open and make deposits to a Jumpstart Savings Account and make the forms available in a prominent location on the Treasurers website.
WV Code § 18-30A-11 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-11. Distributions; Qualified Expenses

(a) A distribution from a Jumpstart Savings Account that was used to pay for qualified expenses, as defined in subsection (c) of this section, shall establish entitlement of the distributee to the personal income tax decreasing modification authorized by 11-21-12m(b) of this code, and such decreasing modification may be applied to determine West Virginia adjusted gross income of the distributee in the taxable year in which such qualified expenses were paid. (b) A change in the designated beneficiary of a Jumpstart Savings Account is not a distribution for the purposes of this article or 11-21-1 et seq. of this code if the new beneficiary is a family member of the prior beneficiary.(c) Qualified expenses. (1) For the purposes of this article and 11-21-12m of this code, expenditures of distributions for the following purposes are qualified expenses:(A) The purchase of tools, equipment, or supplies by the beneficiary to be used exclusively in an occupation or profession for which the beneficiary is required to: (i) Complete an apprenticeship program registered and certified with the United States Department of Labor, as provided in 29 U.S.C. 50; (ii) Complete an apprenticeship program required by any provision of this code or a legislative rule promulgated pursuant to this code;(iii) Earn a license or certification from an Advanced Career Education (ACE) career center; or(iv) Earn an associate degree or certification from a community and technical college. (B) Fees for required certification or licensure for the beneficiary to practice a trade or occupation described in paragraph (A) of this subdivision in this state; and(C) Costs incurred by the beneficiary that are necessary to establish a business in this state in which the beneficiary will practice an occupation or profession described in paragraph (A) of this subdivision, when the costs are exclusively incurred and paid for the purpose of establishing and operating such business. (2) In no event shall any dues, fees, subscriptions, or any other payments to a labor organization constitute qualified expenses for the purposes of this article.
WV Code § 18-30A-12 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-12. State Tax Benefits Related to a Jumpstart Savings Account

(a) As provided in 11-21-12m, 11-21-25, and 11-24-10a of this code, contributions, distributions, and employer matching contributions are eligible for specified decreasing modifications in determining taxable income, or specified tax credits against tax imposed by 11-21-1 et seq. and 11-24-1 et seq. of this code. (b) Nothing in this article nor in 11-21-12m, 11-21-25, or 11-24-10a of this code shall be construed to decrease or otherwise impact any persons federal tax obligations or to authorize any act which violates federal law.
WV Code § 18-30A-13 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-13. Reports and Account; Annual Audit

(a) In addition to any other requirements of this article, the board shall:(1) Prepare and provide an annual summary of information on the financial condition of the Jumpstart Savings Trust Fund and Expense Fund and statements on the savings program accounts to the respective account owners; and(2) Prepare, or have prepared, a quarterly report on the status of the program, including the Jumpstart Savings Trust Fund and Expense Fund, and provide a copy of the report to the Joint Committee on Government and Finance.(b) All accounts administered under the program, including the Jumpstart Savings Trust Fund and Expense Fund, are subject to an annual external audit by an accounting firm, selected by the board, of which all members or partners assigned to head the audit are members of the American Institute of Certified Public Accountants. The audit shall comply with the requirements and standards in 5A-2-33 of this code.
WV Code § 18-30A-14 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-14. Records; Confidentiality

(a) Notwithstanding any other provision of this code, the board and an apprenticeship provider, training or educational institution, or employer, are authorized to exchange information regarding participants in the program to carry out the purposes of this article: Provided, That the tax information confidentiality provisions of 11-10-5d of this code shall apply to tax returns and tax return information.(b) Records containing personally identifying information regarding Jumpstart Savings Account holders and beneficiaries is exempt from disclosure under 29B-1-1 et seq. of this code.
WV Code § 18-30A-15 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-15. Limitation on Liability

Nothing in this article creates any obligation of the board, the Treasurer, the state, or any agency or instrumentality of the state to guarantee for the benefit of any account holder or designated beneficiary with respect to the: (1) Return of principal;(2) Rate of interest or other return on any account; or(3) Payment of interest or other return on any account.
WV Code § 18-30A-16 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 30A. West Virginia Jumpstart Savings Act|§18-30A-16. Legislative Rules Required

Prior to the commencement of the program, the board shall promulgate legislative, procedural, or emergency rules, or any combination thereof, in accordance with the provisions of 29A-3-1 et seq. of this code, that include at a minimum, the following:(1) Requirements for any contract to be entered between the board and an account holder upon opening a Jumpstart Savings Account to ensure compliance with the requirements of this article and applicable state and federal laws; (2) Examples of qualified expenses, as described in 18-30A-11 of this code; and(3) Procedures for opening Jumpstart Savings Accounts, making contributions thereto, requesting distributions therefrom, and instructions for accessing any necessary forms.
WV Code § 18-31-1 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 31. Hope Scholarship Program|§18-31-1. Short Title

This article shall be known as the "Hope Scholarship Act." The program created by this act shall be known as the "Hope Scholarship Program."
WV Code § 18-31-2 (2021)
2021 West Virginia Code|Chapter 18. Education|Article 31. Hope Scholarship Program|§18-31-2. Definitions

The following words have the meanings ascribed to them unless the context clearly indicates a different meaning:(1) "Account" or "scholarship" means a Hope Scholarship account, awarded pursuant to this article, to which funds are allocated by the board to the parent or parents of an eligible Hope Scholarship student in order to pay qualifying education expenses to educate the student pursuant to the requirements and conditions of this article;(2) "Board" means the Hope Scholarship Board created pursuant to 18-31-3 of this code;(3) "Curriculum" means a complete course of study for a particular content area or grade level, including any supplemental materials required by the curriculum;(4) "Education service provider" means a person or organization that receives payments from Hope Scholarship accounts to provide educational goods and services to Hope Scholarship students;(5) "Eligible recipient" means a child who:(A) Is a resident of this state; and(B) Is enrolled full-time and attending a public elementary or secondary school program in this state for at least 45 calendar days during an instructional term at the time of application and until an award letter is issued by the board under 18-31-5(c) of this code, or enrolled full-time in a public elementary or secondary school program in this state for the entire instructional term the previous year, or is eligible at the time of application to enroll in a kindergarten program in this state pursuant to 18-8-1a of this code, except that if on July 1, 2024, the participation rate of the combined number of students in the Hope Scholarship Program and students eligible who have applied to participate in the Hope Scholarship program during the previous school year is less than five percent of net public school enrollment adjusted for state aid purposes for the previous school year, then, effective July 1, 2026, a child is considered to meet the requirements of this paragraph if he or she is enrolled, eligible to be enrolled, or required to be enrolled in a kindergarten program or public elementary or secondary school program in this state at the time of application;(6) "Hope scholarship funds" means the moneys deposited in a Hope Scholarship students account in accordance with the requirements of this article.(7) "Hope scholarship student" means a student who receives a scholarship pursuant to this article;(8) "Parent" means a biological parent, legal guardian, custodian, or other person with legal authority to act on behalf of an eligible recipient or Hope Scholarship student;(9) "Participating school" means any private school that provides education to elementary and/or secondary students and has notified the board of its intention to participate in the program and comply with the programs requirements;(10) "Resident school district" means the county school district in which the student resides; and(11) "Treasurer" means the West Virginia State Treasurer.