New U.S. Congress Bill Proposes a Tax Rebate for E-Bike Purchases

  • Date: 02/10/2021

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.

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