2025 - Senate Bill 86 (McNerney, Jerry), California Alternative Energy and Advanced Transportation Financing Authority Act: Sales and Use Tax Exclusion (Chaptered)
Extends the current January 1, 2026, sunset date for the California Alternative Energy and Advanced Transportation Financing Authority’s sales and use tax exclusion program to January 1, 2028, adds fusion energy as an eligible alternative source, and modifies the stated purpose of the program to promote high-quality jobs and ensure that California communities and workers benefit from projects receiving financial assistance under the program.