AB 481
Establishes the Sustainable Aviation Fuel Incentive Program. (BDR 44-1095)
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- Passed Assembly
- Passed Senate
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- Became Law
Bill overview
This bill establishes the Sustainable Aviation Fuel Incentive Program in Nevada. It creates the Sustainable Aviation Fuel Incentive Fund and provides incentives of up to $2.50 per gallon to domestic air carriers that purchase sustainable aviation fuel produced within the state. The program aims to encourage the production and use of this fuel, reduce greenhouse gas emissions from air travel, and support economic development in the sustainable aviation fuel industry. The bill also appropriates $10,000,000 to the fund and addresses constitutional considerations regarding state financial obligations.
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Primary sponsor
Assembly Committee on Ways and Means
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