Authorizes the West Virginia Tax Department to create rules for the Downstream Natural Gas Manufacturing Investment Tax Credit.
This bill authorizes the West Virginia Tax Department to promulgate a legislative rule relating to the Downstream Natural Gas Manufacturing Investment Tax Credit. This rule is intended to provide guidance and regulations for the tax credit, which is designed to incentivize investment in downstream natural gas manufacturing. The rule is authorized under Section 11-13GG-16 of the West Virginia Code.
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