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Sustainable Skies Act

USA117th CongressS-2263| Senate 
| Updated: 6/24/2021
Sherrod Brown

Sherrod Brown

Democratic Senator

Ohio

Cosponsors (6)
Jon Ossoff (Democratic)Catherine Cortez Masto (Democratic)Debbie Stabenow (Democratic)Patty Murray (Democratic)Maria Cantwell (Democratic)Raphael G. Warnock (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Sustainable Skies Act This bill allows a business-related tax credit through 2031 for each gallon of sustainable aviation fuel used by a taxpayer in the production of a qualified mixture (i.e., a mixture of sustainable aviation fuel and kerosene that is sold for use in certain U.S. aircraft). The bill generally defines sustainable aviation fuel as liquid fuel that consists of synthesized hydrocarbons, meets certain recognized international standards, is derived from biomass, waste streams, renewable energy sources, or gaseous carbon oxides, is not derived from palm fatty acid distillates, and achieves at least a 50% life cycle greenhouse gas emissions reduction in comparison with petroleum-based jet fuel. To be eligible for such credit, a taxpayer must meet certification requirements showing that the sustainable aviation fuel conforms with one of the life cycle greenhouse gas emissions reduction tests set forth in this bill.
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Timeline
Jun 16, 2021

Latest Companion Bill Action

HR 117-3440
Sponsor introductory remarks on measure. (CR H2877)
Jun 24, 2021
Introduced in Senate
Jun 24, 2021
Read twice and referred to the Committee on Finance.
  • June 16, 2021

    Latest Companion Bill Action

    HR 117-3440
    Sponsor introductory remarks on measure. (CR H2877)


  • June 24, 2021
    Introduced in Senate


  • June 24, 2021
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 117-3440: Sustainable Skies Act
Air qualityAlternative and renewable resourcesAviation and airportsClimate change and greenhouse gasesIncome tax creditsMotor fuels

Sustainable Skies Act

USA117th CongressS-2263| Senate 
| Updated: 6/24/2021
Sustainable Skies Act This bill allows a business-related tax credit through 2031 for each gallon of sustainable aviation fuel used by a taxpayer in the production of a qualified mixture (i.e., a mixture of sustainable aviation fuel and kerosene that is sold for use in certain U.S. aircraft). The bill generally defines sustainable aviation fuel as liquid fuel that consists of synthesized hydrocarbons, meets certain recognized international standards, is derived from biomass, waste streams, renewable energy sources, or gaseous carbon oxides, is not derived from palm fatty acid distillates, and achieves at least a 50% life cycle greenhouse gas emissions reduction in comparison with petroleum-based jet fuel. To be eligible for such credit, a taxpayer must meet certification requirements showing that the sustainable aviation fuel conforms with one of the life cycle greenhouse gas emissions reduction tests set forth in this bill.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 16, 2021

Latest Companion Bill Action

HR 117-3440
Sponsor introductory remarks on measure. (CR H2877)
Jun 24, 2021
Introduced in Senate
Jun 24, 2021
Read twice and referred to the Committee on Finance.
  • June 16, 2021

    Latest Companion Bill Action

    HR 117-3440
    Sponsor introductory remarks on measure. (CR H2877)


  • June 24, 2021
    Introduced in Senate


  • June 24, 2021
    Read twice and referred to the Committee on Finance.
Sherrod Brown

Sherrod Brown

Democratic Senator

Ohio

Cosponsors (6)
Jon Ossoff (Democratic)Catherine Cortez Masto (Democratic)Debbie Stabenow (Democratic)Patty Murray (Democratic)Maria Cantwell (Democratic)Raphael G. Warnock (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 117-3440: Sustainable Skies Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Air qualityAlternative and renewable resourcesAviation and airportsClimate change and greenhouse gasesIncome tax creditsMotor fuels