Enacts the "dollars for diesels act" to provide financial incentives for retiring and replacing older diesel-powered vehicles with newer, cleaner.
The bill, known as the "dollars for diesels act," establishes a program to offer financial incentives to owners of heavy- and medium-duty diesel-powered vehicles from model year 2010 or older. These incentives aim to encourage the retirement and replacement of these older vehicles with newer models from 2024 or later that meet or exceed emission standards. The program, administered by the commissioner of environmental conservation in consultation with the New York state energy research and development authority, may include direct cash payments, grants, or vouchers.
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