MN SF1312

Extends Minnesota's sustainable aviation fuel tax credit program from 2030 to 2035, with credit certificates available through fiscal year 2035

Increases annual credit allocation to $7,400,000 for fiscal years 2025-2027, then $2,100,000 annually for fiscal years 2028-2035

Provides a $1.50 per gallon tax credit for sustainable aviation fuel produced or blended in Minnesota and sold for use in aircraft departing from Minnesota airports

Adds a supplemental credit of $0.02 per gallon for each percentage point of carbon intensity reduction beyond 50%, capped at $0.50 additional per gallon

Expands the definition of sustainable aviation fuel to include fuel derived from gaseous carbon oxides in addition to biomass sources