§11-13N-1. Legislative purpose.
The Legislature finds that production of value-added steel
products is very important to the economy of this state and that a
sound economy is in the public interest and promotes the general
welfare of the people of this state. In order to encourage capital
investment in this state, through the manufacture of value-added
steel products after the thirtieth day of June, one thousand nine
hundred ninety-eight, thereby increasing employment and economic
development, there is hereby provided to eligible taxpayers a
credit for each new job filled by a full-time hourly employee who
works in a new value-added steel product manufacturing facility, or
in a new value-added steel product line of an existing
manufacturing facility, that begins operating in this state after
the thirtieth day of June, one thousand nine hundred ninety-eight.
Note: WV Code updated with legislation passed through the 2012 1st Special Session