(1) The numbers of taxpayers claiming the credit;
(2) The net number of new jobs created by all taxpayers claiming the credit;
(3) The cost of the credit;
(4) The cost of the credit per new job created; and
(5) Comparison of employment trends for an industry and for taxpayers within the industry that claim the credit.
(b) Taxpayers claiming the credit shall provide any information the Tax Commissioner may require to prepare the report: Provided, That the information provided is subject to the confidentiality and disclosure provisions of sections five-d and five-s, article ten of this chapter.
(c) 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 shall
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 the act of the
Legislature which amended and reenacted this section during 2011
upon economic development in this state, including but not limited
to the creation of jobs in this state, upon the state's
infrastructure, including but not limited to the need for
construction or maintenance of the roads and highways of the state,
upon the natural resources of the state, and upon public and
private property interests in the state.
Note: WV Code updated with legislation passed through the 2016 Regular Session
The West Virginia Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.