California Laws and Incentives for Loans and Leases
The list below contains summaries of all California laws and incentives related to Loans and Leases.
Alternative Fuel and Vehicle Incentives
The California Energy Commission (CEC) administers the Alternative and Renewable Fuel and Vehicle Technology Program (ARFVTP) to provide financial incentives for businesses, vehicle and technology manufacturers, workforce training partners, fleet owners, consumers, and academic institutions with the goal of developing and deploying alternative and renewable fuels and advanced transportation technologies. The CEC must prepare and adopt an annual Investment Plan for the ARFVTP to establish funding priorities and opportunities that reflect program goals and to describe how program funding will be used to complement other public and private investments. Funded projects include:
- Commercial alternative fuel vehicle (AFV) demonstrations and deployment;
- Alternative and renewable fuel production;
- Research and development of alternative and renewable fuels and innovative technologies;
- AFV manufacturing;
- Workforce training; and
- Public education, outreach, and promotion.
Advanced Transportation Tax Exclusion
The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) provides a sales and use tax exclusion for qualified manufacturers of advanced transportation products, components, or systems that reduce pollution and energy use and promote economic development. Incentives are not available after June 30, 2016. For more information, including application materials, see the CAEATFA Sales and Use Tax Exclusion Program website. (Reference Assembly Bill 1422, 2013, and California Public Resources Code 26000-26017)