Providing exemption from state severance tax for coal sold to coal-fired power plants located in WV

SB 66 would exempt coal sold to coal-fired power plants located within West Virginia from the state's 5% severance tax. This directly affects coal producers who sell coal to in-state power plants, removing the tax on those specific sales. The bill amends existing tax law to create this targeted exemption, meaning coal sold to power plants outside West Virginia would still be subject to the tax. The change would reduce tax revenue for the state specifically on coal used by in-state electricity generators.