West Virginia House Bill HCR79

West Virginia 2023 Regular Session

• Introduced: 3/9/23
• Refer: 3/9/23
• Report Pass: 3/11/23
• Engrossed: 3/11/23

Caption

Requesting the Department of Economic Development to create a plan of incentives to encourage small businesses based in agri-tourism, craft breweries, distilleries, vineyards, wineries and other specialized agriculture of tourism interest to locate or relocate to West Virginia

Impact

The impact of HCR79 on state laws appears to be largely supportive and facilitative, as it calls for the Department of Economic Development to develop a detailed incentive plan for these specific industries. The resolution encourages collaboration between the Department of Economic Development and the Department of Tourism to foster an environment that supports small business initiatives aimed at attracting and retaining agricultural tourism ventures. The requirement for an annual report to the Joint Committee on Government and Finance ensures that there is accountability in the implementation of these incentives.

Summary

HCR79 is a concurrent resolution that seeks to encourage the growth of small businesses in West Virginia, particularly those engaged in agri-tourism, craft breweries, distilleries, vineyards, and wineries. The resolution is premised on the belief that fostering such businesses will promote economic development and enhance tourism within the state. By focusing on specialized agricultural tourism interests, the bill aims to attract out-of-state businesses to either establish or relocate within West Virginia, therefore contributing to the economic vitality of the region.

Sentiment

The sentiment surrounding HCR79 is generally positive, with support from various stakeholders who believe that enhancing the small business environment for agri-tourism and related sectors is beneficial for the state's economic future. Proponents argue that this will not only increase tourism but also create job opportunities and stimulate local economies. However, there could be opposing views regarding the effectiveness of tax incentives and whether they truly contribute to sustainable economic growth over time.

Contention

While HCR79 presents a unifying goal of economic development, potential points of contention might include concerns over fairness in allocating resources for such incentives and the effectiveness of these measures in delivering long-term benefits. Some critics may argue about the necessity of taxpayer-funded incentives versus allowing the market to dictate business success. Additionally, there might be discussions on ensuring that the environmental impacts of increased tourism and agricultural activities are appropriately managed while fostering economic growth.