HB3447 - ELECTRIC BIKE REBATE

4 Co-Sponsors

Amends the Electric Vehicle Rebate Act. Defines "electric bicycle" and "nonattainment area". Provides that, beginning July 1, 2024, and continuing as long as funds are available, a person may apply for a rebate following the purchase of an electric bicycle in the State. Provides for a schedule of rebates awarded. Provides for a secondary schedule of rebates awarded for individuals who can provide proof of eligibility for the Food Assistance for Women, Infants, and Children, the Supplemental Nutrition Assistance Program, the Supplemental Low-Income Energy Assistance, or otherwise make less than 300% of the federal poverty limit. Provides that a community shall be prioritized for the electric bicycle rebate program if the community is within a nonattainment area. Provides that the incentive for a rebate for an electric bicycle shall be available at the point of sale in order to maximize the impact for low-income and mid-income communities. Provides that a business in a nonattainment area shall register with the Department of Revenue to directly receive rebates for the business' sales with the retailer collecting specified information.