Relating To Sustainable Aviation Fuel Tax Credit.
Last status update Jan 21, 2026
What this measure contains
Establishes a tax credit for sustainable aviation fuel distribution in Hawaii to reduce greenhouse gas emissions. Provides $1 per gallon, increasing by 2 cents per additional 1 per cent emissions reduction, up to $2 per gallon. Caps total credits at $20,000,000 annually, with carryover provisions. Requires reporting to ensure transparency and compliance. Applies to taxable years after December 31, 2025, and sunsets on December 31, 2035.
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- Introduced · Official document ↗· Jan 16, 2026
Related measures
- HB1694— Same As
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Legislative history
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Pending Introduction.
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Introduced and passed First Reading.
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Referred to EIG/TRS/AEN, WAM.