The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - Refiners and importers must either sell their share of the required volumes themselves or buy credits (known as Renewable Identification Numbers or RINs) from other producers that generate an excess of credits.
https://lao.ca.gov/Publications/Report/5139

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - However, up to $3  million of the proposed amount is to buy mitigation credits, yet the administration indicates that credits currently are not available for purchase. Therefore, we recommend the Legislature reduce the proposal to $11  million since $3  million may not be urgently needed or  used.
https://lao.ca.gov/Publications/Report/5116