Two federal programs administered by the United States Environmental Protection Agency (the “EPA”) provide financial assistance in the form of grants and rebates to public and non-profit entities seeking to replace their existing buses and trucks into clean vehicles. The most recent program was created by the Inflation Reduction Act of 2022 (the “IRA”), which appropriated $1 billion to fund a grant and rebate program for states, municipalities, Indian tribal governments, and nonprofit school transportation associations to help them acquire, charge, and maintain zero-emission heavy-duty vehicles in replacement of their existing fleet. The other program, the Clean School Bus Program, has been in existence since 2005, but was amended and expanded by the Infrastructure Investment and Jobs Act of 2021 (the “IIJA”),which appropriated $5 billion for the EPA to offer rebates to…
