S.2420: Electric Bicycle Incentive Kickstart for the Environment Act

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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)

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