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Bill117th CongressFiled Jul 21, 2021Taxation
S. 2420

Electric Bicycle Incentive Kickstart for the Environment Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in senate (Jul 21, 2021)

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 just happenedJul 21, 2021

Read twice and referred to the Committee on Finance.

Who’s behind it

Sen. Schatz, Brian [D-HI](D-HI)Sponsor
1 cosponsor1 D
Read on Congress.gov
1cosponsors1committees2actions1related bills6subjects
  1. Jul 21, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. Jul 21, 2021IntroReferral10000

    Introduced in Senate

Electric Bicycle Incentive Kickstart for the Environment Act — Informed