The Nebraska Ethanol Board, a member of Bio Nebraska, announced today that Gov. Jim Pillen signed into law LB937, which includes the establishment of a production tax credit for sustainable aviation fuel (SAF) in Nebraska.
Press Release by Nebraska Ethanol Board
Today, Nebraska Gov. Jim Pillen signed into law LB937, which includes the establishment of a production tax credit for sustainable aviation fuel (SAF) in Nebraska. The Nebraska Ethanol Board (NEB) welcomes the passage and signage of LB937, which was introduced by Sen. Eliot Bostar and was amended to include the SAF tax credit created by Sen. George Dungan’s LB1072.
“We are excited and encouraged by this landmark SAF legislation, and Gov. Pillen’s signing of the bill,” Nebraska Ethanol Board (NEB) Executive Director Reid Wagner said. “This bill creates a first-in-the-Midwest tax credit for SAF to be produced right here in Nebraska. We thank Sens. Dungan and Bostar for helping develop SAF production, which represents a tremendous opportunity for our state moving forward.”