Kentucky legislation · 2026 Regular Session
Kentucky HB545: AN ACT relating to a tax credit for alternative jet fuel.
Status: In committee, February 10, 2026
Create a new section of KRS Chapter 141 to establish a nonrefundable income tax credit for alternative jet fuel producers; require the Department of Revenue, in conjunction with the Department of Agriculture and the Energy and Environment Cabinet, to promulgate administrative regulations; require the department to report on the credit to the Legislative Research Commission; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.
What the bill says
An act relating to a tax credit for alternative jet fuel.
From the introduced text:
AN ACT relating to a tax credit for alternative jet fuel. Be it enacted by the General Assembly of the Commonwealth of Kentucky: SECTION 1. A NEW SECTION OF KRS CHAPTER 141 IS CREATED TO READ AS FOLLOWS: (1) As used in this section: (a) "Agriculturally based alternative jet fuel" means an alternative jet fuel produced from agricultural biomass, including crops and agricultural byproducts derived from agricultural or livestock production, such as corn, soybeans, wheat, canola, animal fats, and biomass residues from trees, wood, and grasses; (b) "Alternative jet fuel" means a liquid fuel that can be used in an aircraft without the need to modify the aircraft engines or existing fuel distribution infrastructure, and that: 1. Consists of synthesized hydrocarbons and meets the requirements of: a. The American Society for Testing and Materials International Standard D7566; or b. The American Society for Testing and Materials International standard D1655; 2. Is derived from eligible feedstocks; 3. Is not derived from palm fatty acid distillates; and 4. Achieves at least a fifty percent (50%) lifecycle greenhouse gas emissions reduction in comparison with petroleum-based jet fuel, as determined by a test that shows the fuel production pathway achieves at least a fifty percent (50%) reduction of the aggregate attributional care lifecycle by measuring either: a. Emissions under the lifecycle methodology for alternative …
Sponsors
- David Meade (R, HD-080) · primary sponsor
- Ryan Bivens (R, HD-024)
- Mike Clines (R, HD-068)
- Stephanie Dietz (R, HD-065)
- Myron Dossett (R, HD-009)
- Daniel Fister (R, HD-056)
- Chris Freeland (R, HD-006)
- Gordon, Deanna (R, HD-081)
- David Hale (R, HD-074)
- Mark Hart (R, HD-078)
- Kimberly Holloway (R, HD-002)
- Kim King (R, HD-055)
Latest actions
- : to Appropriations & Revenue (H)
- : to Committee on Committees (H)
- : introduced in House
Subjects: State Agencies, Reports Mandated, Fuel, Taxation, Taxation, Income--Individual, Taxation, Income--Corporate, Aeronautics And Aviation, Administrative Regulations And Proceedings
Common questions
- What is HB545?
- HB545 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to a tax credit for alternative jet fuel.
- What does HB545 do?
- In its own words: An act relating to a tax credit for alternative jet fuel.
- What is the status of HB545?
- In committee as of February 10, 2026. Latest action: to Appropriations & Revenue (H) (February 10, 2026).
- Who sponsored HB545?
- David Meade (R, HD-080), with 11 co-sponsors.
- Where is the official record for HB545?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb545.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.