Legislation pending in Nevada aims to create a sustainable aviation fuel (SAF) incentive fund that would provide an incentive of $2.50 per gallon to domestic air carriers to support the purchase of SAF produced within the state.&nbsp;The bill, AB 481, was introduced on March 24. An amended version of legislation was most recently addressed during a May 31 hearing held by the Assembly Ways and Means Committee.An initial version of the bill included a two-tier incentive, including $1.75 per gallon for SAF produced outside of Nevada and $2.50 per gallon for SAF produced within the state. The legislation has since been amended to limit the incentive to fuel produced and used within the state.&nbsp;To qualify for the incentive, the SAF must meet the definition of SAF established by the federal 40B SAF tax credit, which expired at the end of last year.&nbsp;In addition to creating the SAF incentive program, SB 481 would allocate $10 million to a SAF incentive fund used to administer the program.&nbsp;A full copy of the bill is available on the Nevada legislature <a href="https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12741/Overview">website</a>

2025-06-03 - Nevada bill aims to create SAF incentive fund  (4 publications)

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Legislation pending in Nevada aims to create a sustainable aviation fuel (SAF) incentive fund that would provide an incentive of $2.50 per gallon to domestic air carriers to support the purchase of SAF produced within the state.

Nevada bill aims to create SAF incentive fund

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