In Virginia, NATSO, representing truck stops and travel centers, American Trucking Associations (ATA), Association of American Railroads (AAR), National Association of Convenience Stores (NACS), National Energy & Fuels Institute, Sustainable Advanced Biofuel Refiners (SABR), and SIGMA: America’s Leading Fuel Marketers, commended the Senate Finance Committee for its tax reform package that would establish equal tax treatment for all advanced biofuels.
The Senate’s proposed tax and budget reconciliation legislation would modify the ’45Z’ Clean Fuel Production Tax Credit to restore tax parity between sustainable aviation fuel (SAF) and other advanced biofuels like biodiesel and renewable diesel effective Oct. 1, 2025. Modifying ’45Z’ to be technology-neutral marks a critical step in revitalizing U.S. biofuel production, which has dropped sharply since the credit took effect in January.
Tags: NATSO, SAF, Virginia
Category: Policy
