Article Summary:
Watch meeting here: https://tvw.org/video/senate-ways-means-2026021217/?eventID=2026021217
SB 5898 – An act relating to directing the deposit of the proceeds from taxes on aircraft fuel to the aeronautics account
Brief Description:
Directing the deposit of all proceeds from taxes on aircraft fuel to the aeronautics account. This is to comply with FAA guidance which has stated very clearly that all airport revenue must stay on the airport. SB6240 did not move forward for that reason. An amendment has been proposed by Senator Saldana to set aside a portion for noise mitigation–the only allowable community use by the FAA.\
Sponsors:
Senators Boehnke, Christian, Cleveland and Dozier
Background:
• Aviation Fuels – Aircraft fuel is gasoline or any other inflammable liquid used for aircraft propulsion
• Hazardous Substances Tax (HST) – $1.48 per barrel for fiscal year 2026
• Petroleum Products Tax (PPT) – 0.30 percent of wholesale value
• Oil Spill Taxes – $0.01 per barrel response tax, $0.04 per barrel administration tax
• The Aeronautics Account – Currently receives state aircraft fuel excise tax revenues