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Committee adopts amendment to expand Minnesota SAF tax allocation; supporters tout jobs and decarbonization, critics warn on corn and water impacts
Summary
The committee approved the H.1669 DE1 amendment to expand allocation and clarify rollover of the Minnesota sustainable aviation fuel (SAF) tax credit, heard extensive testimony from industry, agriculture and environmental groups, and laid the bill over for possible inclusion in the omnibus tax bill.
The House Taxes Committee on March 6 approved the H.1669 DE1 amendment to House File 1669, a bill to modify Minnesota's sustainable aviation fuel (SAF) tax credit. The amendment increases the allocation available for SAF credits in early years, clarifies the credit rollover mechanism and extends the sunset date for the existing credit, and the committee laid the bill over for possible inclusion in the omnibus tax bill.
House Research and revenue staff summarized the amendment's fiscal effect: "The amendment does increase the allocations available for the SAF fuel credit. The fiscal impact to the general fund is $10,600,000 in fiscal 2027 and $2,100,000 in fiscal 2028-29," a staff member told the committee.
Supporters said the state'level credit (enacted in 2023) and the proposed expansion are central to creating a Minnesota SAF hub that could attract billions in private investment and thousands of jobs. Department of…
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