January 9th, 2022 by WCBC Radio
Gov. Jim Justice has issued a proclamation, calling for the West Virginia Legislature to convene in Special Session at 11 a.m. on Monday Jan. 10, 2022.
The proclamation lists several items for the Legislature to consider and act upon, all relating generally to economic development.
The first is a bill establishing a “West Virginia Industrial Advancement Act,” which provides certain tax incentives, based upon very significant investment and employment thresholds, for labor and capital intensive heavy industrial facilities to locate in the state.
The next five are supplemental appropriations bills, capitalizing upon the state’s spectacularly strong revenues and investing in West Virginia’s future to assure jobs and goodness for generations to come.
The appropriations the Governor is requesting the Legislature to make will be used by our Department of Economic Development to secure tremendous private investment all around the state. These appropriations will mark the largest investment in economic development in this state’s history, and will pay untold dividends in recruiting businesses, their employees and families, and further private investment in West Virginia.
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