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For those not yet in the know or those in need of a reminder, the US has been considering incorporating a federal tax credit for e-bike purchases. This proposal
by relyks 3y ago
For those not yet in the know or those in need of a reminder, the US has been considering incorporating a federal tax credit for e-bike purchases. This proposal garnered considerable support from a prominent caucus, including President Biden himself. Last year's Inflation Reduction Act was initially set to encompass this provision (https://www.congress.gov/bill/117th-congress/senate-bill/2420 https://www.congress.gov/bill/117th-congress/senate-bill/242...). However, the e-bike tax credit was ultimately omitted due to a decisive intervention by Senator Joe Manchin (D-WV), as reported here: (https://www.theverge.com/2022/8/9/23297209/ebike-tax-credit-climate-bill-ev-car-congress https://www.theverge.com/2022/8/9/23297209/ebike-tax-credit-...). Despite this, there have been efforts continue to reintroduce this credit, recognizing the ongoing relevance and significance of such initiatives.
Disclaimer: I have an e-bike and it's changed my life for the better.