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.
- Chamber
- Senate
- Introduced
- Jan 14, 2026
- Last action
- Jan 14, 2026 — Pending Introduction.
- Session
- 2026
- Momentum
- 37 · Low