Iowa passes legislation to offer tax credits to SAF producers over next 10 years

Lawmakers in Iowa have seized the moment to cement the advancement of sustainable aviation fuel (SAF) and the future of American energy dominance by passing Senate File 657.

The legislation establishes an incentive for SAF production in Iowa for the next 10 years, leading the way for the American energy industry domestically and globally.

“Americans for Clean Aviation Fuels applauds Iowa’s lawmakers and leaders who recognize that the future of domestic energy dominance and air travel will require investments from the top down,” said Nick Boeyink, the states director for Americans for Clean Aviation Fuels.

“Producers of SAF feedstocks in Iowa will finally have a chance to directly reap the benefits that we have been talking about for years and set the stage for a fully scaled SAF market,” Boeyink added.

This expansion of SAF into Iowa state legislation demonstrates the call for the next era of aviation and energy independence in America, the organization stated.

A fully scaled SAF market has the potential to create 400,000 jobs, increase labor incomes by $9.3 billion in America’s heartland communities and secure domestic energy independence.

ACAF is a diverse coalition committed to building a fully scaled SAF market in the U.S.

The group’s members represent the full value chain, including:

• Delta Air Lines.

• Airbus.

• Growth Energy.

• ExxonMobil.

• Poet.

• Airlines for America.

• National Business Aviation Association.

• Corteva.

• Indiana Soybean Alliance.

• Iowa Soybean Association.

• Missouri Soybeans.

• Ohio Soybean Council.

• BP.

• Rolls-Royce.

• Natural State Renewables.

• The American Carbon Alliance.

• Summit Agricultural Group.

• Renew Kansas.

• The Corn Marketing Program of Michigan.