Relating to consumers sales and service tax and use tax exemption for certain goods to be incorporated into a qualified, new or expanded warehouse or distribution facility
Maddy summaryHB 2161 modifies West Virginia's tax exemption rules for businesses building or expanding warehouses and distribution facilities. It lowers the required full-time job threshold from 300 to 50 jobs for businesses to qualify for a sales tax exemption on eligible purchases. The exemption covers specific items directly used in the facility, including computers/software for operations, material handling equipment (like conveyors and automated systems), building materials, and certain tangible property incorporated into the facility. To qualify, the facility must either be a new warehouse or an expansion with at least $50 million in total investment, and must employ 50 or more full-time West Virginia residents upon completion.
In committee Feb 12, 2025
1 co-sponsor