House panel to consider sustainable aviation fuel tax credit

The House Ways and Means Committee will consider a package of energy incentives Sept. 14 that includes a long-term, fully refundable tax credit for sustainable aviation fuel. “While the $1.25 – $1.75 per gallon amount is lower than A4A and a broad coalition of stakeholders had sought, we call on Congress to approve the credit,” Airlines for America said in a statement, adding: “We are hopeful that it will provide a sufficient financial incentive for fuel companies to integrate more SAF into the fuel supply and offer it at a price that will allow U.S. airlines to use more of it.”