HB 1694: SUSTAINABLE AVIATION FUEL TAX CREDIT
- Session Year: 2025-2026
- House: House
Current Status:
In Progress
(2026-02-03: Bill scheduled for decision making on Thursday, 02-05-26 9:30AM in conference room 430 VIA VIDEOCONFERENCE.)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Version:
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.
