Bill Status of HB3447 103rd General Assembly
Short Description: ELECTRIC BIKE REBATE
Rep. Kam Buckner - Laura Faver Dias, Theresa Mah and Lindsey LaPointe
|Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
Synopsis As Introduced
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.