Feb 122021

As President Biden gears up to give electric car buyers a federally subsidized discount, advocates are urging Congress not to forget the other electric vehicle that can do far more to save the planet: the humble electric bicycle. Congressional Bike Caucus Chairman Earl Blumenauer (D-Ore.) and Rep. Jimmy Panetta (D-Calif.) are pushing the Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act, which would offer Americans of all income levels a refundable 30-percent tax credit for purchasing a pedal-assist bicycle. Notably, the credit would be renewable every three years, and married people who wanted to each buy their own e-bike would both be able to take advantage of the program. The bill was applauded by advocates who think…

External feed Read More at the Source: https://usa.streetsblog.org/2021/02/11/new-bill-would-help-americans-buy-e-bikes/


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