Bill > A08750

This bill modifies existing education law to extend the maximum lease term for zero-emission school buses from eight to twelve years. Currently, school districts are generally limited to leasing vehicles for one school year, with the option to extend to five years through a voter-approved process. The bill specifically allows school districts and boards of education to lease zero-emission school buses (as defined in another section of education law) for up to twelve years when authorized by a vote of qualified voters. Additionally, the bill adjusts the assumed amortization period for zero-emission school buses in financial calculations, stating that if a district enters a lease agreement longer than eight years, the assumed amortization period will match the length of the lease agreement. This change is intended to provide school districts with more flexibility in acquiring and financing environmentally friendly transportation options, potentially making it easier and more cost-effective to transition to zero-emission school bus fleets.

Education

https://www.nysenate.gov/legislation/bills/2025/A8750