Sunday, June 16, 2024
Reading Time: 2 minutesThe Specialty Equipment Market Association (SEMA) has expressed significant disappointment following Governor Gavin Newsom’s veto of Senate Bill (SB) 301 in California. Authored by Senator Anthony Portantino, the bill aimed to launch the innovative Zero-Emission Aftermarket Conversion Project (ZACP) under the California Air Resources Board (CARB). Despite being heralded as a “Job Creator” by the California Chamber of Commerce and gaining unanimous legislative support, the bill was vetoed. SB 301 proposed rebates up to $4,000 for California residents converting eligible used vehicles into Zero Emission Vehicles (ZEVs), with strict adherence to safety, range, and affordability standards.
The veto of Senate Bill (SB) 301 represents a notable missed opportunity, particularly as California offers several incentives for purchasing new Zero Emission Vehicles (ZEVs) but falls short in supporting conversions of existing gasoline-powered vehicles to ZEVs. This decision stymies the implementation of a program that could have enhanced air quality, reduced carbon emissions, and spurred job creation and economic growth throughout the state.
California’s image as a leader in innovation is undermined by this veto. SB 301 had the potential to be a significant driver of progress. With the specialty automotive aftermarket employing over 149,000 people and contributing approximately $40 billion to the state’s economy, this legislation could have greatly energized the sector, aligning well with the Governor’s priority to promote cleaner vehicle technologies.
“SEMA is profoundly disappointed by Governor Newsom’s lack of foresight in vetoing SB 301,” said Mike Spagnola, SEMA’s president and CEO. “This legislation would have advanced environmental sustainability and leveled the playing field for aftermarket conversions while fostering innovation, supporting small businesses, and providing consumers with affordable and sustainable transportation options.”
SEMA continues to be committed to advocating for policies that foster innovation and sustainability in the automotive industry. Although SB 301 did not receive approval from the Governor on this occasion, SEMA remains dedicated to working with lawmakers, stakeholders, and the community to push forward initiatives that promote innovation.
Saturday, June 15, 2024
Saturday, June 15, 2024
Sunday, June 16, 2024
Sunday, June 16, 2024
Sunday, June 16, 2024