Bill > SB1657

This bill amends the School Code to expand transportation reimbursement provisions for school districts and charter schools, specifically focusing on electric school bus infrastructure and transportation costs. The bill allows school districts to include expenditures to "electrification-as-a-service" contractors who provide electric school buses, electric vehicle charging infrastructure, equipment, or daily charge management services as part of their allowable transportation costs. Additionally, the bill introduces a new depreciation allowance of 8.33% for 12 years specifically for electric school buses and vehicles used to transport pupils, which is different from the existing 20% depreciation allowance for traditional school buses. This change incentivizes school districts to invest in electric vehicle transportation by providing a more favorable depreciation schedule. The bill maintains existing provisions for transportation reimbursement, such as eligibility criteria for transporting students and calculation methods for reimbursement, while adding this new provision to support the transition to electric school buses and related infrastructure.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1657&GAID=18&DocTypeID=SB&SessionID=114&GA=104