What changes
This bill amends the tax law to provide a sales tax exemption for the purchase of electric vehicles that are wheelchair accessible.
Who is affected
Consumers purchasing new wheelchair-accessible electric vehicles and state/local tax authorities.
Requirements and enforcement
The vehicle must be an electric vehicle as defined in the public service law and include physical devices or alterations for wheelchair transport.
Costs and funding
Reduction in state and local sales tax revenue.
When it takes effect
Takes effect immediately upon enactment.
Potential benefits
Lowered costs for necessary accessibility transportation and incentivization of electric transit.
Risks and tradeoffs
Potential for reduced tax revenue for local school districts and municipalities; dependency on existing charging infrastructure.
What is still unknown
The specific market availability and price points of compliant electric vehicles are not defined in the source.