HOUSE CONCURRENT RESOLUTION NO. 66

(By Delegates Rohrbach, Sobonya, Statler, Stansbury, Hill,

                                 Pasdon, Fast, Rowan, A. Evans, Romine and Hamilton)

Requiring the Joint Committee on Government and Finance conduct a comprehensive study of how to develop plans for industrial parks or zones throughout the state to attract new businesses and industry investments in West Virginia and tax incentives to encourage location of businesses in industrial parks or zones.

            Whereas, West Virginia’s economy can be strengthened by the development and establishment of industrial zones or parks throughout the state. There are dozens of locations with sufficient attractive areas and sites that could be developed into industrial zones and parks for technology based economic development programs and other businesses that are tailored to West Virginia's specific markets, opportunities and challenges in establishing innovation driven enterprises; and

            Whereas, Investment and job incentive tax credits exist and have existed in West Virginia for businesses to locate in this state; and the development of industrial parks or zones as an incentive to create new businesses should also be considered for such tax credits; therefore , be it

            Resolved by the Legislature of West Virginia:

            That the Joint Committee on Government and Finance is hereby required to make a comprehensive study on how to best develop plans for industrial parks or zones throughout the state to attract new businesses and industry investments in West Virginia and tax incentives to encourage location of businesses in industrial parks or zones; and, be it

            Further Resolved, That the Joint Committee on Government and Finance report to the regular session of the Legislature, 2016, on its findings, conclusions and recommendations, together with drafts of any legislation necessary to effectuate its recommendations; and, be it

            Further Resolved, That the expenses necessary to conduct this study, to prepare a report and to draft necessary legislation be paid from legislative appropriations to the Joint Committee on Government and Finance.