This bill increases federal excise taxes on private jet fuel while maintaining existing tax rates for commercial aviation. Starting January 1, 2024, private jets would face a combined fuel tax of approximately $1.62 per gallon, compared to the current rate of about 4.3 cents per gallon, while commercial aviation fuel would remain taxed at 4.3 cents per gallon. The increased tax would be adjusted annually for inflation beginning in 2025. The bill includes limited exceptions allowing refunds for fuel used in scientific research, natural disaster evacuations, and medical emergencies, though these exceptions expire on January 1, 2026. Revenue generated from the new private jet fuel taxes would be directed to a new "Funding to Support Clean Communities Trust Fund," which would support air quality monitoring, public transit infrastructure near airports, and bus service improvements, with at least 50 percent of funding prioritized for low-income and communities of color that are disproportionately affected by air pollution.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.