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Senate advances incentive package aimed at growing in‑state aviation fuel production
Summary
The Senate passed a substitute that creates tax refunds and a severance‑tax‑funded grant program to encourage carriers and refineries to expand aviation fuel production in Utah; supporters cited potential annual returns, while critics warned about timing and fiscal message.
Senator Cullimore introduced a first substitute for Senate Bill 255 that targets in-state aviation fuel production to improve local supply and lower carrier costs in Utah.
Under the substitute, an air carrier that partners with an in‑state refinery and invests at least $30 million would be eligible for performance‑based support: refunds of taxes on…
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