H.R.1019 - E-BIKE Act117th Congress (2021-2022) |
|Sponsor:||Rep. Panetta, Jimmy [D-CA-20] (Introduced 02/11/2021)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 02/11/2021 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.1019 — 117th Congress (2021-2022)All Information (Except Text)
Introduced in House (02/11/2021)
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-wheeled vehicle that is, among other things, equipped with an electric motor of less than 750 watts that is capable of propelling such vehicle.