S. 881 · 118th Congress
E-BIKE Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SchatzSponsor6 cosponsors · 5 D, 1 I
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Electric Bicycle Incentive Kickstart for the Environment Act or the E-BIKE Act
What it does: CRS summary · Introduced in Senate · Mar 21, 2023
Electric Bicycle Incentive Kickstart for the Environment Act or the E-BIKE Act
This bill allows individual taxpayers a new tax credit for 30% of the cost of a qualified electric bicycle. The bill defines qualified electric bicycle to mean a bicycle or tricycle that does not cost more than $8,000 and that is equipped with fully operable pedals, a saddle or seat for the rider, and an electric motor of less than 750 watts designed to assist in propelling the bicycle or tricycle under certain conditions
The bill requires the Internal Revenue Service to establish a program to make advance payments of the credit and to publicly report on the number of taxpayers claiming the credit and the aggregate dollar amount of the credit, beginning in 2023 and 2024.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: E-BIKE Act
Also known as: Electric Bicycle Incentive Kickstart for the Environment Act
Latest action (Mar 21, 2023): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Mar 21, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.