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Bill > S02490


NY S02490

NY S02490
Directs the levy of an efficiency fee or an efficiency rebate based on the MPG or MPGe rating of medium and heavy duty vehicles.


summary

Introduced
01/21/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the vehicle and traffic law, in relation to a feebate program for medium and heavy duty vehicles

AI Summary

This bill establishes a comprehensive "feebate" program for medium and heavy-duty vehicles (those weighing over 10,000 pounds) that imposes efficiency fees on low-fuel-economy vehicles and provides rebates for more fuel-efficient vehicles. The program is designed to be revenue-neutral, meaning the fees collected from less efficient vehicles will cover the rebates given to more efficient vehicles. Specifically, vehicles achieving less than 10 miles per gallon (MPG) or miles per gallon equivalent (MPGe) will be charged efficiency fees ranging from $10,000 to $45,000 based on their fuel economy, while vehicles achieving 10 MPG or higher will receive efficiency rebates ranging from $45,000 to $150,000. The bill requires the transportation commissioner to annually review and potentially adjust these fees and rebates, considering factors like vehicle registration data, zero-emission vehicle availability, and market trends. Additionally, the bill mandates a public awareness campaign to inform manufacturers, dealers, and the public about the program, and requires an annual report detailing the program's implementation, revenues, costs, and recommendations. The program will take effect three years after becoming law, allowing time for preparation and implementation.

Committee Categories

Transportation and Infrastructure

Sponsors (3)

Last Action

REFERRED TO TRANSPORTATION (on 01/21/2025)

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