Efforts to attract industry to South Dakota and to broaden the state's economic base are under the jurisdiction of the Governor's Office of Economic Development. Among the advantages noted by the agency are the absence of corporate or personal income taxes, the low level of property taxes, the availability of community development corporations to finance construction of new facilities, various property tax relief measures, inventory tax exemptions, personal property tax exemptions, and a favorable labor climate in which work stoppages are few and union activity is limited by a right-to-work law. South Dakota is one of the few states to have enacted a statute of limitations on product liability—in this case, six years—a measure cited as further proof of the state's attempt to create an atmosphere conducive to manufacturing.