States / Hawaii / SB 2027

SB 2027 In Committee

RELATING TO SUSTAINABLE AVIATION FUEL TAX CREDIT.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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