E-bike incentives prove to be worth the investment
- Date: 04/30/2024
Electric bicycle rebates have exploded in popularity in North America as transportation planners try to get people out of their…
A proposed bill in the United States aimed to help the environment and promote car-free commuting could potentially benefit prospective eMTB-ers, too.
The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act is scheduled for introduction to Congress Feb. 11 and proposes financial incentives to encourage consumers to buy e-bikes in an effort to reduce carbon emissions.
The bill proposes a refundable tax rebate for 30% of a bike’s purchase price up to $1,500 and would be applicable to bike purchases up to $8,000. The tax credit could be claimed once per person every three years or twice for joint-return couples who purchase two e-bikes.
Have more mobility news that we should be reading and sharing? Let us know! Reach out to Sage Kashner (kashner@ctaa.org).
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