A bill to create a sustainable aviation fuel incentive program; to provide for the powers and duties of certain state governmental officers and entities; to provide for the certification of certain tax credits and incentives; and to prescribe penalties.
SB 235 introduces a tax credit for sustainable aviation fuel produced in Michigan, contingent on greenhouse gas emission reductions, with a maximum credit of $2.00 per gallon, effective January 1, 2025, and dependent on the enactment of Senate Bill No. 236.
Co-sponsored by Sens.
Referred to the Committee on Natural Resources and Agriculture
Reported with substitute S-1
Referred to the Committee of the Whole
