Business
E-BIKE Act in Congress would provide tax breaks for e-bike purchases. Will it help? – CyclingTips
E-Bike act to encourage use of e-bikes and reduce carbon emissions, but will it?
E-bikes can help fight against climate change, welcome more people into our sport, and be lots of fun. To help encourage more people to commute by e-bike, United States Congressman Jimmy Panetta (D-Carmel Valley) and Congressional Bike Caucus Chairman Earl Blumenauer (OR-03) have introduced the Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act.
The E-BIKE act proposes implementing a 30% consumer tax credit up to a maximum of $1,500, on purchases of new e-bikes costing less than…
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