Requires all motorbuses purchased for public transportation service to be electric-powered by 2035; makes annual appropriation of $82 million.

This bill requires all public entities operating motorbus regular route service in New Jersey to transition to electric-powered buses. Starting in 2031, 25% of new buses purchased must be electric, increasing to 100% by 2035. Public entities must begin preparing for this transition immediately and report their progress by March 2025, including staff training, facility upgrades, and transition schedules. The bill appropriates $82 million annually from societal benefits charges and carbon allowance revenues to support the transition, with funds to be used exclusively for preparing for electric bus adoption and purchasing electric buses.