CLEAR Skies Act

HR 2932, the CLEAR Skies Act, creates a tax credit for producing unleaded aviation gasoline in the U.S. The credit provides $1.25 per gallon in 2026, phasing down to $1.05 per gallon by 2030, for fuel that is lead-free, meets aviation standards, and is produced domestically. Producers must register with the IRS and certify compliance with these requirements to claim the credit. The bill also mandates a GAO study to analyze price differences between leaded and unleaded aviation fuel and whether the tax credit benefits end-users. This policy directly affects U.S. aviation fuel producers and aims to accelerate the transition from leaded to unleaded aviation fuel.