Bill

Bill > A1677


NJ A1677

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.


summary

Introduced
01/09/2024
In Committee
06/26/2024
Crossed Over
06/28/2024
Passed
06/28/2024
Dead
Signed/Enacted/Adopted
07/10/2024

Introduced Session

2024-2025 Regular Session

Bill Summary

An Act concerning electric school buses and government aggregation of certain energy services, and amending various parts of the statutory law.

AI Summary

This bill authorizes extended terms for lease and purchase contracts for electric school buses, and permits the New Jersey School Boards Association to serve as a government aggregator to obtain energy services, including electric school buses and related goods and services, for local units such as counties, municipalities, and other contracting units who voluntarily participate. The bill expands the types of contracts that can be awarded for longer periods, up to the service life of the electric school buses, and allows the School Boards Association to aggregate the energy needs of its members and other local units to obtain more favorable terms.

Committee Categories

Education

Sponsors (12)

Last Action

Approved P.L.2024, c.38. (on 07/10/2024)

bill text


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