VirginiaHB12302027 Regular SessionHouse

Income tax, state; sustainable aviation fuel production tax credit.

Sponsored By: Briana D. Sewell (Democratic)

In Committee

Summary

Income tax; sustainable aviation fuel production tax credit. Provides, for taxable years 2026 through 2030, a nonrefundable tax credit against individual and corporate income taxes for eligible producers of sustainable aviation fuel, as such terms are defined in the bill. The amount of the credit is the lesser of (i) $0.75 per gallon of sustainable aviation fuel produced in the taxable year or (ii) $5 million. The aggregate amount of credits allowable under this bill shall not exceed $20 million per taxable year.

Subcommittee #1

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Briana D. Sewell

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Continued from last session

    7/21/2026House
  2. Continued to 2027 in Finance (Voice Vote)

    2/11/2026House
  3. House subcommittee offered

    2/9/2026House
  4. Subcommittee recommends continuing to 2028 (Voice Vote)

    2/9/2026House
  5. Fiscal Impact statement From TAX (2/7/2026 7:50 pm)

    2/7/2026House
  6. Assigned HFIN sub: Subcommittee #1

    2/5/2026House
  7. Referred to Committee on Finance

    1/14/2026House
  8. Prefiled and ordered printed; Offered 01-14-2026 26105191D

    1/14/2026House

Bill Text

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