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- S.2420
S.2420: Electric Bicycle Incentive Kickstart for the Environment Act
About This Bill
- Introduced July 21, 2021
- Latest Major Action July 21, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - July 21, 2021
Bill 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...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
July 21, 2021 |
Read twice and referred to the Committee on Finance.
|
July 21, 2021 |
Introduced in the Senate by Brian Schatz (D-Hawaii) |