02/05/2026 | Press release | Distributed by Public on 02/05/2026 12:25
Contact: Dan Hubbard, 202-431-5970, [email protected]
Washington, DC, Feb. 5, 2026 - The National Business Aviation Association (NBAA) today welcomed a bipartisan Senate bill that would restore the full value of the sustainable aviation fuel (SAF) tax credit and extend the incentive for eight years.
The new Senate bill, titled the Securing America's Fuels Act, would return the credit to $1.75 per gallon and extend it through 2033 - key steps to scaling domestic production of the low-carbon fuel.
The legislation - co-sponsored by Senators Jerry Moran (R-KS), Catherine Cortez Masto (D-NV), Joni Ernst (R-IA) and Amy Klobuchar (D-MN) - is the companion bill to the Securing America's Fuels Act (SAF Act) introduced last year in the House of Representatives by Reps. Mike Flood (R-01-NE) and Sharice Davids (D-03-KS).
Both the Senate and House proposals follow congressional passage of legislation in 2025 that extended the 45Z tax credit but reduced its value, rendering many new SAF projects less financially feasible.
The tax credit helps close the cost gap with conventional jet fuel, enabling producers to bring more SAF to market while creating new home-grown economic opportunities for farmers, rural communities and fuel producers.
"We thank Senators Moran, Cortez Masto, Ernst and Klobuchar for their leadership in recognizing the critical economic and environmental benefits of sustainable aviation fuel with this critical legislation," said NBAA President and CEO Ed Bolen. "Restoring the full credit creates the stability needed to unlock investment, scale production and accelerate progress toward our industry's long-term sustainability goals."
SAF is a drop-in jet fuel produced from bio-based feedstocks and can reduce lifecycle greenhouse gas emissions by up to 80% over legacy fuels. The fuel is central to business aviation's commitment to achieve net-zero carbon emissions by 2050.
A scaled, domestic SAF industry will reduce imports and increase exports of fuel, strengthening American energy independence and providing economic opportunities in farming communities. The Americans for Clean Aviation Fuels Coalition, of which NBAA is a member, reports that domestic SAF production has the potential to increase gross domestic product (GDP) by more than $78 billion by 2035, and create or support more than 400,000 jobs at its peak.
In addition to promoting the production, availability and use of SAF, the business aviation sector is an incubator for innovation on a variety of other sustainability initiatives, including operational enhancements, airspace modernization and emerging electric, hybrid and hydrogen-propulsion technologies. Alongside supportive policy measures, these efforts anchor the industry's long-term decarbonization strategy.
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Founded in 1947 and based in Washington, DC, the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. The association represents more than 10,000 company and professional members and provides more than 100 products and services to the business aviation community, including the NBAA Business Aviation Convention & Exhibition (NBAA-BACE), the world's largest civil aviation trade show. Learn more about NBAA at nbaa.org.
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