The Legislature finds that the encouragement of small arms and ammunition manufacturing in this state is in the public interest and promotes the general welfare of the people of this state. In order to encourage capital investment in the manufacturing of small arms and ammunition in this state and thereby increase economic opportunity for its citizens there is hereby enacted the tax credit for the benefit of small arms and ammunition manufacturing.
Structure West Virginia Code
§11-13KK-1. Legislative Finding and Purpose
§11-13KK-3. Amount of Credit Allowed
§11-13KK-4. Application of Annual Credit Allowance
§11-13KK-5. Qualified Investment
§11-13KK-6. Forfeiture of Unused Tax Credits; Redetermination of Credit Allowed
§11-13KK-7. Transfer of Qualified Investment to Successors
§11-13KK-8. Identification of Investment Credit Property
§11-13KK-9. Failure to Keep Records of Investment Credit Property
§11-13KK-10. Interpretation and Construction
§11-13KK-11. Burden of Proof; Application Required; Failure to Make Timely Application
§11-13KK-12. Tax Credit Review and Accountability
§11-13KK-14. General Procedure and Administration