Nevada bill aims to create SAF incentive fund
SOURCE: Google Maps
June 3, 2025
BY Erin Voegele
Legislation pending in Nevada aims to create a sustainable aviation fuel (SAF) incentive fund that would provide an incentive of $2.50 per gallon to domestic air carriers to support the purchase of SAF produced within the state.
The bill, AB 481, was introduced on March 24. An amended version of legislation was most recently addressed during a May 31 hearing held by the Assembly Ways and Means Committee.
An initial version of the bill included a two-tier incentive, including $1.75 per gallon for SAF produced outside of Nevada and $2.50 per gallon for SAF produced within the state. The legislation has since been amended to limit the incentive to fuel produced and used within the state.
To qualify for the incentive, the SAF must meet the definition of SAF established by the federal 40B SAF tax credit, which expired at the end of last year.
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In addition to creating the SAF incentive program, SB 481 would allocate $10 million to a SAF incentive fund used to administer the program.
A full copy of the bill is available on the Nevada legislature website
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