Nebraska governor signs SAF bill into law

In Nebraska, Growth Energy celebrated legislation signed last week by Governor Jim Pillen that will speed investment in Nebraska’s production of sustainable aviation fuel (SAF). Originally introduced by state Sen. George Dungan and incorporated into a broader bill by Sen. Eliot Bostar, this Nebraska SAF tax credit (LB937) will provide a $0.75 per gallon tax credit for the production of aviation fuel that reduces lifecycle emissions by at least 50 percent, which may be calculated based on the most recent version of Argonne National Laboratory’s GREET model.