Wisconsin enacts legislation to further SAF production
In Washington DC, the National Business Aviation Association (NBAA) said that Wisconsin Governor Tony Evers has signed a bill to further the development and production of sustainable aviation fuels in Wisconsin.
Assembly Bill 619 authorizes the Wisconsin Economic Development Corporation to create a manufacturing zone to support production of aviation biofuel derived from woody biomass, including trees and tree limbs, needles, leaves and forestry residues.
“An SAF producer’s tax credit will support job growth and energy security,” the NBAA, and the Wisconsin Business Aviation Association (WiBAA) wrote last year in support of the measure. “General aviation alone contributes 26,700 jobs and $6.5 billion in total economic output to Wisconsin. The SAF credit will support additional jobs in agriculture, forestry, infrastructure, construction, transportation and research and development.” The bill further allocates up to $120 million in tax credits for a company to produce SAF derived at least 80% from Wisconsin-sourced woody feedstocks over five years.
Lawmakers agreed, noting in the bill that, “The manufacturing of aviation biofuels in this state is essential to maintain and grow the forest products industry in this state and to create jobs.” They further called support for growing the aviation biofuels industry, “a statewide responsibility of statewide dimension.”
Category: SAF
