Congress Seeks to Stabilize Sustainable Aviation Fuel Sector
A bipartisan group of US lawmakers has introduced a bill to restore and extend a key federal incentive for sustainable aviation fuel (SAF). The Securing America’s Fuels Act would reinstate the higher SAF-specific rate within the Clean Fuel Production Tax Credit and extend it through 2033, providing a tax credit of $1.75 per gallon for qualifying producers. Industry groups have welcomed the bill, saying it gives producers the predictability they need to build out capacity. The measure is aimed at addressing the sector’s challenges, including supply constraints and high production costs. The bill was first reported by AeroTime.