The Treasury Department released preliminary guidance for the 45Z tax sustainable aviation tax credits on Friday. Minnesota Congressman Brad Finstad says more work needs to be done. “We saw the EPA and others slow roll the outcome of that policy; we saw bureaucrats with political motives try to insert terms into it saying farmers that would participate in that 45Z program have to have no-till or cover crop practices on their farm. That’s a one-size-fits-no-one approach and so it’s our opportunity right now to clean up some of that mess and make it very clear, and easy to use.” The 45Z tax credit was part of the Inflation Reduction Ace, which President-elect Donald Trump has promised to repeal. Finstad plans to fight for this tax credit. To hear the full interview, click here.
