West Virginia Enacts Strategic, Critical Resources Act, Does Not Create Tax Exemptions

The West Virginia Governor signed the Strategic and Critical Resources Act. The law includes a provision that the act does not exempt an owner or operator from compliance with generally applicable business licenses, ad valorem property taxation, municipal sales or use taxes, utility rates and service charges, municipal service fees, or the State Building Code. The law took effect on March 14. [S.B. 648, enacted 04/01/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.