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CA AB2061
Bill
Status
9/27/2024
Primary Sponsor
Lori Wilson
Click for details
AI Summary
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Exempts sales and use taxes on zero-emission public transportation ferries sold to public agencies from January 1, 2025 through January 1, 2030.
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Defines "zero-emission public transportation ferry" as ferryboats operated by STA-eligible operators that produce no emissions of criteria pollutants, toxic air contaminants, and greenhouse gases.
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Exemption does not apply to local sales and use taxes, transactions and use taxes, or revenues deposited into the Local Revenue Fund 2011.
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Requires the Legislative Analyst's Office to report on the exemption's effectiveness by May 1, 2028, measuring zero-emission ferry purchases and compliance with State Air Resources Board Commercial Harbor Craft regulations.
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Exemption automatically repeals on January 1, 2030.
Legislative Description
Sales and Use Tax: exemptions: zero-emission public transportation ferries.
Last Action
Vetoed by Governor.
9/27/2024