HB 1695: FUEL TAX CREDIT; RENEWABLE FUEL; SUSTAINABLE AVIATION FUEL; RENEWABLE FUELS PRODUCTION TAX CREDIT

Session Year: 2025-2026
House: House
Latest Version Date: 2026-03-24

Current Status:

In Progress

(2026-03-25: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Expands the provisions of the Renewable Fuels Production Tax Credit. Clarifies that the Renewable Fuels Production Tax Credit shall only be claimed by taxpayers for which qualified renewable fuels production costs are incurred within the State and sold for distribution within the State. Applies to taxable years beginning after 12/31/2026. Effective 7/1/3000. (SD1)

Discussed in Hearing