The E-BIKE Act, short for Electric Bicycle Incentive Kickstart for the Environment Act, aims to provide tax incentives for the purchase of electric bicycles. The bill proposes a refundable tax credit of up to $1,500 for individuals and up to $7,500 for businesses when buying e-bikes. This incentive is intended to promote sustainable transportation options, reduce carbon emissions, and encourage more people to choose electric bicycles over traditional vehicles. If passed, this bill could have a significant impact on promoting eco-friendly transportation alternatives in the United States.
2023-03-21: Introduced in House
2023-03-21: Referred to the House Committee on Ways and Means.
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