The National Air Transportation Association (NATA) and the National Business Aviation Association (NBAA) have both offered their support for the latest U.S. Senate bill that benefits their respective members through tax provisions for sustainable aviation fuel (SAF) production.
The Senate approved the Inflation Reduction Act of 2022 on Monday, which allocates a $1.25 per gallon tax credit for each gallon of SAF sold. SAF producers must demonstrate that the fuel can cut greenhouse gas (GHG) emissions by 50 percent as part of a qualified mix compared to regular jet fuel.
