SB 313 — AN ACT relating to tax credits for sustainable aviation fuel, making an appropriation therefor, and declaring an emergency.
Last action — to Appropriations & Revenue (S)
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
Summary
Create a new section of KRS Chapter 141 to establish the sustainable aviation fuel tax credit for taxable years beginning on or after January 1, 2025, but before January 1, 2035; compute credit based on $2.50 per gallon of sustainable aviation fuel consumed by taxpayers; create a new section of KRS Chapter 141 to establish the nonrefundable feedstock production tax credit for taxable years beginning on or after January 1, 2025, but before January 1, 2035; compute credit based on the amount of usable feedstock produced in this state; amend KRS 141.0205 for the ordering of the tax credits; amend KRS 131.190 to allow reporting by the Department of Revenue on the credits; amend KRS 154.27-010 and 154.27-020 to allow incentives for sustainable aviation fuel facilities with a minimum investment of $100 million; create an appropriation of $25 million for economic development projects for the production of sustainable aviation fuel with a minimum investment of $100,000,000; APPROPRIATION; EMERGENCY.
Bill Text
- Introduced View text Current pdf
Action History
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to Appropriations & Revenue (S)
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to Committee on Committees (S)
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introduced in Senate
Sponsors
- Shelley Funke Frommeyer · Primary
- Gex Williams · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 0 co-sponsors · 136 not signed on
Sponsors (2)
- Shelley Funke Frommeyer Republican
- Gex Williams Republican
Co-sponsors (0)
None.
Not signed on (136)
136 members have not signed on to this bill.
Show all 136 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 313 do?
- Create a new section of KRS Chapter 141 to establish the sustainable aviation fuel tax credit for taxable years beginning on or after January 1, 2025, but before January 1, 2035; compute credit based on $2.50 per gallon of sustainable aviation fuel consumed by taxpayers; create a new section of KRS Chapter 141 to establish the nonrefundable feedstock production tax credit for taxable years beginning on or after January 1, 2025, but before January 1, 2035; compute credit based on the amount of usable feedstock produced in this state; amend KRS 141.0205 for the ordering of the tax credits; amend KRS 131.190 to allow reporting by the Department of Revenue on the credits; amend KRS 154.27-010 and 154.27-020 to allow incentives for sustainable aviation fuel facilities with a minimum investment of $100 million; create an appropriation of $25 million for economic development projects for the production of sustainable aviation fuel with a minimum investment of $100,000,000; APPROPRIATION; EMERGENCY.
- Who sponsors SB 313?
- SB 313 is sponsored by Shelley Funke Frommeyer (Republican) and Gex Williams (Republican).
- What is the current status of SB 313?
- This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 313?
- Track SB 313 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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