Wisconsin Signs Forestry Revitalization Act: $120 Million Tax Credit to Support Sustainable Aviation Fuel Projects
2026-04-07 15:33
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en.Wedoany.com Reported - On April 2, Wisconsin Governor Tony Evers signed the Forestry Revitalization Act (AB 619), authorizing up to $120 million in tax credits for sustainable aviation fuel (SAF) projects produced from woody biomass. The bill aims to attract a $1.5 billion biorefinery project funded by German corporate investment through an enterprise zone program, with operations expected to commence in Hayward in 2029.

The legislation stipulates that certified companies can enjoy tax benefits starting from the 2025 tax year, but must meet feedstock localization requirements: over a five-year cumulative period, at least 80% of the woody biomass consumed by the plant must be sourced from within Wisconsin. Upon full operation, the project is expected to process approximately 880,000 tons of feedstock annually, primarily converting waste such as bark and branches into CORSIA-compliant SAF and naphtha, with products mainly exported to Europe.

The legislative process shows that the bill was introduced in November 2025, passed by the State Assembly in February this year with a vote of 94 to 5, and approved by the Senate the following month with a vote of 31 to 2. Evers emphasized that this move will create hundreds of high-paying jobs and leverage the state's forestry advantages to meet the demand for low-carbon aviation fuel.

Currently, Michigan and Minnesota are also competing for the project. If Wisconsin successfully secures it, the facility will become a major North American production base for woody biomass-based SAF. Analysis indicates that the $120 million incentive package accounts for 8% of the project's total investment. Combined with mandatory local feedstock procurement clauses, it is expected to directly stimulate the development of the local forestry industry chain.

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