Skip to main content
CivicGate

HB 1539 IN

Tax credit for aviation fuel.

IN · session 2023 · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 19, 2023

Latest action (Jan 19, 2023) First reading: referred to Committee on Ways and Means

Summary

Beginning in 2026, provides a tax credit equal to $3 per bushel of qualified feedstock: (1) sold to a qualified fuel production facility; or (2) used directly by a qualified feedstock producer for production of sustainable aviation fuel. Provides that the total amount of tax credits allowed may not exceed $5,000,000 in each state fiscal year. Requires the department of state revenue to adopt rules. Provides that the tax credit expires December 31, 2040.

Sponsor (1)

Action history (2)
  1. Jan 19, 2023 Authored by Representative Soliday · lower
  2. Jan 19, 2023 First reading: referred to Committee on Ways and Means · lower
Subjects
AGRICULTURE, Farm Products and CommoditiesAIRCRAFT AND AIRPORTSINCOME TAXES, Credits

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · Jan 19, 2023 · PDF

Full text

The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.

Comments

Comments

Loading comments…

Data from OpenStates. View on OpenStates →