HB 1539

  • Indiana House Bill
  • 2023 Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Tax credit for aviation fuel.

Abstract

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.

Bill Sponsors (1)

Votes


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Actions


Jan 19, 2023

House

Authored by Representative Soliday

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

Bill Text

Bill Text Versions Format
Introduced House Bill (H) PDF

Related Documents

Document Format
Fiscal Note: HB1539.01.INTR.FN001 PDF

Sources

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