Establishing road or highway infrastructure improvement projects or coal production and processing facilities tax credit

This bill creates a tax credit for West Virginia taxpayers who invest in road/highway infrastructure projects or coal production/processing facilities. It directly affects businesses subject to the state's tax (e.g., coal severance tax) that make qualified investments, such as construction costs for highways or equipment for coal mines. To claim the credit, taxpayers must apply for certification (including project details and investment amounts) before claiming it, with credits limited to a maximum approved amount. The credit aims to encourage private investment in infrastructure and coal industry facilities, as stated in the bill's legislative findings.