2021 California Tire Workshop Series and Presenters
CA Alternative Energy & Advanced Transportation Authority (CAEATFA - Full Sales & Use Tax Exclusion) • Applications accepted on rolling basis, competitive process • 4 Categories of Manufacturers: • Alternative Source product manufacturers, • Advanced Transportation Technologies, • Advanced Manufacturers, and • Manufacturers that process Recycled feedstock or utilize Recycled feedstock in the production of another product or soil amendment. • Originally limited to $10M of STE. However, $15M of STE is available for the Board to award to Applicants seeking more than the $10M cap in STE, not to exceed $20M. • $20M in STE will be set aside for smaller projects that are seeking an STE award of $2 million or less. NEW BUDGET CONSIDERATIONS – TO BE DETERMINED: Expand sales tax exclusions (through CAEATFA) by $100 million.
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