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AB 100 prevents unused funds in Nevada’s Air Service Development Fund from reverting to the state general fund at year-end, requiring them to carry forward. It appropriates $10 million to this fund for studying intrastate air service development and making grants to air carriers or local governments for new or enhanced airport routes. Additionally, it allocates $1 million annually (for fiscal years 2025-2026 and 2026-2027) to the Fund for Aviation to help rural airports match federal aviation funding for airport projects. The bill directly affects air carriers, local governments managing airports, and rural communities seeking improved regional air connectivity.
AB 481 creates the Sustainable Aviation Fuel Incentive Program to provide financial incentives to U.S. domestic air carriers for purchasing sustainable aviation fuel (SAF) in Nevada. The program offers $1.75 per gallon for SAF produced outside Nevada and $2.50 per gallon for SAF produced within Nevada, funded by a $10 million state appropriation. Air carriers must submit claims to the State Treasurer for verification before receiving payments. The program is administered through a new Sustainable Aviation Fuel Incentive Fund established in the state treasury.