BUILD WV Act to Provide Tax Exemptions for Residential Building Projects
April 28, 2022
On March 30, 2022, West Virginia Governor Jim Justice signed the BUILD WV Act into law. The BUILD WV Act, or House Bill 4502, creates tax exemptions for developers if they build residential areas in certain regions of West Virginia. These tax exemptions include a potential municipality business tax exemption, a property value adjustment refundable tax credit for ten years, and a sales tax…
