WVC 17 - 27 - 17
§17-27-17. Exemptions from taxation.
(a) The exercise of the powers granted in this article will be
in all respects for the benefit of the people of this state, for
the improvement of their health, safety, convenience and welfare
and for the enhancement of their residential, agricultural,
recreational, economic, commercial and industrial opportunities and
is a public purpose. As the construction, acquisition,
improvement, operation and maintenance of qualifying transportation
facilities will constitute the performance of essential
governmental functions, a developer is not required to pay any
taxes or assessments upon any qualifying transportation facility or
any property acquired or used by the developer under the provisions
of this article or upon the income therefrom, other than taxes
collected from the consumer pursuant to article fifteen, chapter
eleven of this code.