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SB 2027

Hawaii - Session 2026

Senate failed 2026-02-17
Bill Details

Title: Sustainable Aviation Fuel Tax Credit

Summary

Establishes a tax credit for sustainable aviation fuel distribution in Hawaii to reduce greenhouse gas emissions. Provides $1 per gallon, increasing by 2 cents per additional 1 per cent emissions reduction, up to $2 per gallon. Caps total credits at $20,000,000 annually, with carryover provisions. Requires reporting to ensure transparency and compliance. Applies to taxable years after December 31, 2025, and sunsets on December 31, 2035.

Sponsor
Lorraine R. Inouye
Official Source Back to Bills
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Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-02-17 Status failed
2026-02-17 Latest Action The committee on AEN deferred the measure.
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