Nevada AB481 establishes a fund and program to incentivize domestic air carriers to purchase sustainable aviation fuel.

Nevada AB481 creates the Sustainable Aviation Fuel Incentive Fund and Program to encourage the purchase of sustainable aviation fuel. The fund, administered by the State Treasurer, receives money from various sources. The program offers incentives to domestic air carriers: $1.75 per gallon for fuel produced outside Nevada and $2.50 per gallon for fuel produced in Nevada. The bill appropriates $10,000,000 to the fund for the program.

Nevada AB481 establishes a fund and program to incentivize domestic air carriers to purchase sustainable aviation fuel.

Nevada AB481 creates the Sustainable Aviation Fuel Incentive Fund and Program to encourage the purchase of sustainable aviation fuel. The fund, administered by the State Treasurer, receives money from various sources. The program offers incentives to domestic air carriers: $1.75 per gallon for fuel produced outside Nevada and $2.50 per gallon for fuel produced in Nevada. The bill appropriates $10,000,000 to the fund for the program.