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Finally: Fed Tax Credit for E-Bikes Proposed

Finally: Fed Tax Credit for E-Bikes Proposed

They’re great, the tax credits. The main roadblocks preventing non-avid cyclists from trying out an e-bike, especially a cargo version that can largely replace a car, is the cost. ADVERTISEMENTThe Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act, sponsored by Jimmy Panetta (D-CA) and Earl Blumenauer (D-OR), would give tax credits of $1,500 for any new e-bike purchase. The individual part of the bill means multiple family members could get them at once. If I could add one more piece to this legislation, I’d bump up the credit to $2,000 or even $2,500 for a cargo e-bike.