A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 678.
The bill would allow a taxpayer engaged in the use of sustainable aviation fuel to claim a credit against the income tax imposed in an amount equal to $1 per gallon of sustainable aviation fuel purchased in the State during the tax year by a business for use as fuel for flights departing the State. The amount of the credit per gallon allowed would increase by $0.02 for each additional 1% reduction in carbon dioxide equivalent emissions above 50% but could not exceed $2 per gallon.
Introduced
by
Referred to the Committee on Energy and Environment
Reported with substitute S-1
Referred to the Committee of the Whole
Reported with substitute S-3
Substitute S-3 concurred in by voice vote
1. Amend page 3, following line 3, by inserting:
“(c) A certified statement that the source that the taxpayer utilized to produce or blend the sustainable aviation fuel for which the credit is sought to be claimed does not manufacture or sell high-fructose corn syrup.”.
The amendment failed by voice vote
Passed in the Senate 20 to 16 (details)
Referred to the Committee on Government Operations
