NY S04748

Repeals New York's electric school bus mandate established in Education Law Section 3638, which required school districts to transition to zero-emission buses

Removes extended 8-year financing and amortization provisions that were created specifically for zero-emission school bus purchases and leases, reverting to standard 5-year terms

Eliminates $500 million in dedicated funding from the Environmental Bond Act of 2022 for zero-emission school bus purchases, conversions, and supporting infrastructure

Removes provisions defining electricity and hydrogen as eligible "fuel" costs for transportation aid reimbursement purposes

Directs NYSERDA to conduct a feasibility study within one year examining costs and practicality of converting school buses to zero-emission vehicles across rural, suburban, and urban districts