ELECTRIC BICYCLES may soon become a larger part of your travel itinerary. A bill that would provide a 30 percent tax credit on the purchase of e-bikes is under consideration in the US Senate. It’s called the Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act. Technically, it’s an amendment to the Internal Revenue Code of 1986 and, if passed by Congress, it will create a very strong tax incentive for buyers of most new e-bikes.
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