West Virginia Code of State Rules
Agency 110 - Tax
Title 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT
Series 110-50G - Exchange Of Information Agreement Between The State Tax Department And The Department Of Commerce, The Department Of Transportation And The Department Of Environmental Protection
Section 110-50G-2 - Purpose
Current through Register Vol. XLI, No. 38, September 20, 2024
Senate Bill 465, enacted March 12, 2011, amended W. Va. Code § 11-13Q-20 to require that on or before February 1, 2013, the Department of Commerce, in consultation with the Tax Commissioner, the Department of Transportation and the Department of Environmental Protection submit to the Governor, the President of the Senate and the Speaker of the House of Delegates a report of the impact of all the tax credits and other economic incentives provided in S.B. 465. The report is to include the impact:
2.1. On economic development in this state, including but not limited to the creation of jobs in this state;
2.2. Upon the state's infrastructure, including but not limited to the need for construction or maintenance of the roads and highways of the state;
2.3. Upon the natural resources of the state; and
2.4. Upon public and private property interests in the state.
This rule will facilitate the consultation process and the provision of any necessary information to the agencies involved.
