Exempts hydrogen fuel sales from state taxes until July 1, 2030.

The bill exempts the gross receipts from the sale of hydrogen fuel in California from state taxes, effective July 1, 2026, until July 1, 2030. This exemption applies to hydrogen fuel sold for use in hydrogen fuel cell electric vehicles, hydrogen internal combustion engine vehicles, and hydrogen fuel cell devices. The California Department of Tax and Fee Administration must analyze and report on the performance indicators of this exemption annually.

Exempts hydrogen fuel sales from state taxes until July 1, 2030.

The bill exempts the gross receipts from the sale of hydrogen fuel in California from state taxes, effective July 1, 2026, until July 1, 2030. This exemption applies to hydrogen fuel sold for use in hydrogen fuel cell electric vehicles, hydrogen internal combustion engine vehicles, and hydrogen fuel cell devices. The California Department of Tax and Fee Administration must analyze and report on the performance indicators of this exemption annually.