A 8750 New York Assembly · 2025 Regular Session

Relates to lease terms for zero-emission school buses

This bill extends the maximum lease term for zero-emission school buses from five to twelve years, requiring voter approval for leases longer than one school year. It directly affects school districts and boards operating school bus fleets by allowing longer-term financing for these vehicles, which typically have higher upfront costs. The bill also adjusts how lease costs are calculated for state aid purposes, setting an eight-year assumed amortization period specifically for zero-emission buses (instead of the standard five years). These changes aim to support school districts transitioning to cleaner transportation while maintaining financial oversight through voter approval for extended leases.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2025
Committee Review
Floor Vote
Governor
Introduced Jun 2, 2025 Last action Jan 7, 2026
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Total actions
2
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0
Committee
2
Jan 7, 2026
Committee
REFERRED TO EDUCATION
lower
Jun 2, 2025
Committee
REFERRED TO EDUCATION
lower
1 primary · 1 co-sponsor

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