The proposed bill, titled the "West Virginia Education Advancement Act," aims to amend the Code of West Virginia by introducing a new article that provides tax exemptions for construction contractors involved in the construction and refurbishment of public school facilities. The bill outlines the legislative findings that emphasize the importance of safe and secure schools for the welfare of the state's residents. It includes definitions for key terms such as "building materials" and "school facility," clarifying what constitutes eligible materials and services for the tax exemption.

Specifically, the bill exempts purchases of building materials, tangible personal property, and services by construction contractors and subcontractors from the consumers sales and service tax and use tax when used for public school facility construction. Additionally, it extends these exemptions to repairs and maintenance of both public and private school facilities. However, the bill explicitly states that certain purchases, such as fuel for vehicles and motor vehicle sales, are not eligible for these tax exemptions.

Statutes affected:
Introduced Version: 11-13NN-1, 11-13NN-2, 11-13NN-3, 11-13NN-4, 11-13NN-15