Land Use & Zoning

West Virginia's New Jobs Tax Credit and other economic development incentives are designed to attract businesses by:

APermanently exempting businesses from all property taxes
BProviding tax credits and incentives to businesses creating new jobs in targeted areas✓ Correct
CAllowing businesses to ignore environmental regulations
DGiving WVREC exclusive authority to zone economic development areas

Explanation

West Virginia's economic development incentive programs, including the New Jobs Tax Credit, provide financial incentives (tax credits, reduced taxes, grants) to attract businesses and encourage job creation, particularly in areas with high unemployment or in targeted industrial sectors.

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