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Electric Bicycle Incentive Kickstart for the Environment Act

H. R. 1019 – To amend the Internal Revenue Code of 1986 to provide a credit for the purchase of certain new electric bicycles. The E-BIKE Act was introduced on 2/11/2021 – “In the case of an individual, there shall be allowed as a credit against the tax imposed by this subtitle for any taxable year an amount equal to 30 percent of the cost of any qualified electric bicycle placed in service by the taxpayer during such taxable year…”

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