"The new bill would give a refundable tax credit of 30 percent on the purchase of a new e-bike, up to $1,500. That’s an improvement over the amended version of the previous E-BIKE Act, which would have capped the credit at $800, and in line with the original 2021 version. The credit would also be fully refundable, which would allow lower-income individuals to claim it."

#TheWarOnCars #ebike #ebikes #climate #climatechange

https://www.theverge.com/2023/3/22/23651557/ebike-act-bill-congress-rebate-tax-credit-amount