CA AB2622

Extends the sales and use tax exemption for zero-emission technology transit buses sold to public transit agencies until January 1, 2026 (previously set to expire January 1, 2024)

Exemption applies to buses sold to cities, counties, transportation districts, or public agencies providing transit services that are eligible for the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project

Exemption does not apply to local sales taxes levied under the Bradley-Burns Uniform Local Sales and Use Tax Law, Transactions and Use Tax Law, or other specified local tax provisions

Requires the Legislative Analyst's Office to submit a report to the Legislature by May 1, 2024 evaluating the effectiveness of the tax exemption in achieving its stated goals

Establishes performance indicators including the annual number of zero-emission transit bus purchases statewide and purchases made in advance of Innovative Clean Transit regulation timelines