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Tue March 11, 2014
Greenbrier Could Get Millions in W.Va. Tax Breaks
The Greenbrier resort and its billionaire owner could receive up to $25 million in tax breaks over 10 years for a new medical institute.
Owner Jim Justice said the $86 million medical resort would offer doctors that care for professional athletes. It was first announced in 2011.
Some lawmakers criticized the late inclusion of the corporate income credit specifically for The Greenbrier. Lawmakers didn't consider it publicly until the session's second-to-last day.
Sen. Clark Barnes says the facility would be built, tax break or not. He criticized the break for Justice, who is worth $1.6 billion.
Senate President Jeff Kessler commended Justice for offering to invest $400 million in the facility and other yet-to-be-named projects.
The resort has hosted presidents and royalty, and hosts a PGA Tour golf event.
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