The Legislature finds that the encouragement of economic growth and development in this state is in the public interest and promotes the general welfare of the people of this state. In order to encourage capital investment in businesses in this state and thereby increase employment and economic development, there is hereby provided a business investment and jobs expansion tax credit.
W. Va. Code § 11-13C-2
Legislative finding and purpose
Known as the West Virginia Business Investment and Jobs Expansion Tax Credit Act
The act spans §§ 11-13C-1 to 11-13C-9 (20 sections).
Applied in 1 court decision — leading case 171 W. Va. 61 - Burruss v. Hardesty (1982)
Most recently applied in 171 W. Va. 61 - Burruss v. Hardesty (November 1982)
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.