AB 1259 (Calderon) Capital Access Loan Program: electric vehicles
Expands the Capital Access Loan Program at the California Pollution Control Financing Authority, which normally assists small businesses in financing the costs of complying with environmental mandates and the remediation of contamination on their properties, to include the purchase of an electric vehicle by low- and middle-income consumers and families.
The California Clean Truck, Bus, and Off-Road Vehicle and Equipment Technology Program, upon appropriation from the Greenhouse Gas Reduction Fund, funds zero- and near-zero-emission truck, bus, and off-road vehicle and equipment technologies and related projects, as specified, with priority given to certain projects, including projects that benefit disadvantaged communities.
|More Info:||Legislative Website Info|
|Last Updated:||April 11, 2017|