Authorizes extended terms for lease and purchase contracts for electric school buses; permits New Jersey School Boards Association to serve as government aggregator to obtain energy services for local units.*

This bill allows New Jersey school districts to enter into lease and purchase agreements for electric school buses with terms extending to the vehicles' service life (rather than the current 10-year maximum for fossil fuel buses). It authorizes the New Jersey School Boards Association to serve as a government aggregator to help school districts obtain electric school buses, charging infrastructure, and related maintenance services through competitive contracting. The bill specifically permits competitive contracting for electric school buses, on-site charging infrastructure, and related services, which were not previously explicitly included in the list of allowable specialized procurement. School districts can now use this approach for electric buses while maintaining the existing 10-year limit for fossil fuel buses.