https://biomassmagazine.com/articles/19812/washington-senate-passes-bill-to-establish-saf-tax-credits
Washington State Senate approved a bill looking to encourage the manufacture and purchase SAF through tax incentives.
The bill includes a research component that directs Washington State University to form a work group for the research and development of alternative jet fuels.
The preferential business and operations (B&O) tax rate will be 0.275 percent for the manufacturing and wholesaling of alternative jet fuels.
The credit would increase by 2 cents for each additional 1 percent reduction beyond 50 percent, with a cap of $2 per gallon.
Further questions
What are the other alternative jet fuels?
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