HB1230
Income tax, state; sustainable aviation fuel production tax credit.
Status:
In House
Latest Action:
Feb. 5, 2026
House: Assigned HFIN sub: Subcommittee #1
Chief Patron:
Briana Sewell (D)
Session:
2026 Regular Session
Summary
As Introduced. Income tax; sustainable aviation fuel production tax credit.
Provides, for taxable years 2026 through 2030, a nonrefundable tax credit against individual and corporate income taxes for eligible producers of sustainable aviation fuel, as such terms are defined in the bill. The amount of the credit is the lesser of (i) $0.75 per gallon of sustainable aviation fuel produced ... (More) in the taxable year or (ii) $5 million. The aggregate amount of credits allowable under this bill shall not exceed $20 million per taxable year. (Less)-
Bill History
- 01/14/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26105191D
- 01/14/2026 - House: Referred to Committee on Finance
- 01/30/2026 - House: Placed on Finance Agenda
- 02/05/2026 - House: Assigned HFIN sub: Subcommittee #1
