The Legislature finds that the encouragement of research and development in this state is in the public interest and promotes economic growth and development and the general welfare of the people of this state. In order to encourage research and development in this state and thereby increase employment and economic development, there is hereby provided a strategic research and development tax credit.
W. Va. Code § 11-13R-2
Legislative finding and purpose
Known as the West Virginia Strategic Research and Development Tax Credit Act
The act spans §§ 11-13R-1 to 11-13R-9 (13 sections).
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.