S 2420
117th Congress
Senate
Taxation
Commuting
Government information and archives
Government studies and investigations
Hybrid, electric, and advanced technology vehicles
Income tax credits
Pedestrians and bicycling
E-BIKE Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 21, 2021
Read twice and referred to the Committee on Finance.
Jul 21, 2021
Introduced in Senate
Plain-English summary
Electric Bicycle Incentive Kickstart for the Environment Act or the E-BIKE Act
This bill allows a refundable tax credit for 30% of the cost of a qualified electric bicycle. The credit is limited to $1,500 per taxpayer less all credits allowed for the two preceding taxable years.
A qualified electric bicycle is a two- or three-wheeled vehicle that is, among other things, equipped with an electric motor of less than 750 watts that is capable of propelling such vehicle.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1