(a) All building permits issued 90 days after the effective date of this Act shall require a new, large multifamily residential building or a large multifamily residential building being renovated by a developer converting the property to an association to have 100% of its total parking spaces EV-capable. However, nothing in this Act shall be construed to require that in the case of a developer converting the property to an association, no EV-capable or EV-ready mandate shall apply if it would necessitate the developer having to excavate an existing surface lot or other parking facility in order to retro-fit the parking lot or facility with the necessary conduit and wiring.
     (b) The following requirements and timelines shall apply for affordable housing. A new construction single-family residence or small multifamily residence that qualifies as an affordable housing development under the same project ownership and is located on a campus with centralized parking areas is subject to the requirements and timelines below.

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     All building permits issued 24 months after the effective date of this Act shall require a new construction large multifamily residence that qualifies as an affordable housing development to have the following, unless additional requirements are required under a subsequently adopted building code:
         (1) For permits issued 24 months after the effective
    
date of this Act, a minimum of 40% EV-capable parking spaces.
        (2) For permits issued 5 years after the effective
    
date of this Act, a minimum of 50% EV-capable parking spaces.
        (3) For permits issued 10 years after the effective
    
date of this Act, a minimum of 70% EV-capable parking spaces.
    (d) An accessible parking space is not required by this Section if no accessible parking spaces are required by the local zoning code.