West Virginia Statutes

§ 31-20-19 — Tax exemption

West Virginia § 31-20-19
JurisdictionWest Virginia
Ch. 31CORPORATIONS
Art. 20WEST VIRGINIA REGIONAL JAIL AND CORRECTIONAL FACILITY AUTHORITY

This text of West Virginia § 31-20-19 (Tax exemption) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
W. Va. Code § 31-20-19 (2026).

Text

The exercise of the powers granted to the authority by this article will be in all respects for the benefit of the people of the state for the improvement of their safety, convenience and welfare. Since the operation and maintenance of correctional facilities and correctional facility industries projects will constitute the performance of essential governmental functions, the authority is not required to pay any taxes or assessments upon any such facilities or projects or upon any property acquired or used by the authority or upon the income therefrom. Such bonds, security interests and notes and all interest and income thereon are exempt from all taxation by this state, or any county, municipality, political subdivision or agency thereof, except inheritance taxes.

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Legislative History

1989 Reg. Sess., SB389; 1985 Reg. Sess., SB232

Nearby Sections

15
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Bluebook (online)
West Virginia § 31-20-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31/31-20-19.