Sustainability and Environment
Industry Applauds House Bill To Restore SAF Credit
The measure still has a long road to travel
U.S. Capitol
A new bill introduced in the House of Representatives could restore sustainable aviation fuel credits to their former amount, spurring engagement from investors and end users alike. © Curt Epstein/AIN

A bipartisan bill aimed at restoring the full value of the sustainable aviation fuel (SAF) tax credit and extending the incentive for eight years was introduced yesterday in U.S. Congress. Known as the Securing America’s Fuels Act (SAF Act), it follows legislation passed earlier this year that extended the tax credit but reduced its value, hindering investment in SAF production projects.

Sponsored by representatives Mike Flood (R-Nebraska) and Sharice Davids (D-Kansas), the bill would return the Clean Fuel Production Credit to the previous level of $1.75 per gallon and extend it through 2033—a measure the industry believes will play a significant role in spurring increases in production.

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