BUILD WV Act

Sections covered

• W. Va. Code § 5B-2L-1Short title
• W. Va. Code § 5B-2L-10Amount of property value adjustment tax credit allowed
• W. Va. Code § 5B-2L-11Application of annual credit allowance
• W. Va. Code § 5B-2L-12Property value adjustment tax credit entitlement is retained by eligible taxpayers that have developed project property, transfer of credit to transferees of project property is prohibited
• W. Va. Code § 5B-2L-13Credit recapture; interest; penalties; additions to tax; statute of limitations
• W. Va. Code § 5B-2L-14Designation of a certified district
• W. Va. Code § 5B-2L-15Project administration and certification
• W. Va. Code § 5B-2L-16Project application; evaluation standards; approval of projects
• W. Va. Code § 5B-2L-17Agreement between Department of Economic Development and approved company or approved group of multiple party project participants
• W. Va. Code § 5B-2L-2Legislative findings and purpose
• W. Va. Code § 5B-2L-3Definitions
• W. Va. Code § 5B-2L-4Rule-making
• W. Va. Code § 5B-2L-5Application of the West Virginia Tax Procedure and Administration Act and West Virginia Tax Crimes and Penalties Act
• W. Va. Code § 5B-2L-6Effective date, expiration date and required reporting
• W. Va. Code § 5B-2L-7Consumers sales and service tax and use tax exemption for construction contractors
• W. Va. Code § 5B-2L-8Municipal authority to exempt business and occupation tax
• W. Va. Code § 5B-2L-9Eligibility for property value adjustment tax credit