This bill proposes an increase in the allocation of tax credits for sustainable aviation fuel (SAF) in Minnesota. It specifically amends Minnesota Statutes 2024, Section 41A.30, Subdivision 5, by raising the credit certificate limits as follows:

• For fiscal year 2025, the allocation remains at $17,400,000.
• For fiscal years 2026 through 2029, the allocation increases from $2,210,000 to $10,000,000 annually.
• Any unused credit allocations from fiscal years 2025–2029 may be carried forward and used through fiscal year 2030.
• No tax credit certificates will be issued after June 30, 2030, and any remaining unallocated amounts will be canceled.

The goal of this bill is to enhance financial incentives for sustainable aviation fuel production by expanding available tax credits.