A Proposal to Boost MN SAF Tax Credits

Legislation to increase the sustainable aviation fuel tax credit is moving to the Minnesota Senate floor. Under the bill, tax credits would climb from $7.4 million in fiscal year 2025 to $10 million for fiscal years 2026 through 2029. State Senator Rob Kupec believes this increase in tax credits will help strengthen Minnesota’s position as a leader in sustainable aviation fuel production. “This is a bipartisan bill that extends the length of that tax credit while also bringing in some new technology that can be applied directly into making sustainable aviation fuel.”