New E-BIKE Act Would Offer Tax Credit for Electric Bicycle Purchases
PeopleForBikes applauds the introduction of federal legislation to offer an electric bicycle tax credit, helping more people easily get out on two wheels. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act, led by Representatives Jimmy Panetta (D-CA) and Earl Blumenauer (D-OR), prioritizes electric bicycles as a zero-carbon mode of transportation by making them more affordable and accessible for all Americans.
“E-bikes are not just a fad for a select few, they are a legitimate and practical form of transportation that can help reduce our carbon emissions,” said Congressman Panetta. “My legislation will make it easier for more people from all socio-economic levels to own e-bikes and contribute to cutting our carbon output. By incentivizing the use of electric bicycles to replace car trips through a consumer tax credit, we can not only encourage more Americans to transition to greener modes of transportation, but also help fight the climate crisis.”
If signed into law, the E-BIKE Act would offer individual consumers a refundable 30% tax credit for purchasing an electric bicycle — up to a $1500 credit for new bicycles less than $8000. The credit would be allowed once per individual every three years, or twice for a joint-return couple buying two electric bicycles. The bill also mandates a report from the IRS after two years to understand the distribution of the credit by income tax bracket and adjust for equity in the future.
Electric bicycles keep people moving with efficiency and ease, no matter their age or physical abilities, while also displacing trips by car. Studies show that across the United States, we can expect an 11 percent decrease in carbon emissions with a 15 percent increase in electric bicycle mode share. An all-in approach to reducing carbon emissions must recognize the power electric bicycles have to take cars off the road while keeping people moving, active and connected to their communities.
“Incentivizing electric bicycles makes them a competitive transportation option for more Americans and supports a national effort to lower carbon emissions,” said PeopleForBikes CEO Jenn Dice. “The E-BIKE Act rightfully positions electric bicycles as a critical part of a larger solution to climate change and equitable mobility. We’e grateful to Congressman Panetta for leading the charge in Congress.”
PeopleForBikes’ mission to get more people on bikes more often is directly supported by the E-BIKE Act, complementing those efforts by making electric bicycles more easily accessible and affordable. PeopleForBikes has long championed the ability of electric bicycles to help people move more efficiently while simultaneously keeping them active and healthy, as well as helping reduce traffic congestion, improve air quality and lower emissions by taking cars off the road.
A cyclist uses a designated bike lane on Market Street on their commute in San Francisco. Photo: David Tran
Electric bicycles help democratize our streets and make active transportation an option for more Americans. PeopleForBikes is dedicated to building a strong coalition of support alongside Reps. Panetta and Blumenauer to pass the E-BIKE Act in the 117th Congress.
If you have any questions about the E-Bike Act, please reach out to PeopleForBikes Federal Affairs Manager Noa Banayan at firstname.lastname@example.org.
PeopleForBikes is making biking better for everyone by uniting millions of Americans, thousands of businesses and hundreds of communities to make every bike ride safer, more accessible and more fun. When people ride bikes, great things happen. Join us at PeopleForBikes.org.
Looking to get after some sweet vert on your skis or snowboard? Or perhaps hitting the trails on cross country skis or snowshoes is your jam? ❄️ 🎿
Either way, be sure to check out our Resort Roundup (at the 🔗 in our bio) which shouts out California’s best resorts for winter fun – many of which have unveiled new runs and equipment this season!
Introduction by Anthea Raymond @lariverbeach
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2022 was a rough year for our long-time contributor @chrisvanleuven. On the heels of a bike crash injury, his hair started falling out in clumps due to an undiagnosed health condition. Then the unthinkable happened, when his house and most of his belongings burned down in Mariposa County’s Oak Fire.
In an article in our latest issue, Chris recounts how he was able to “fill his cup” with climbing, biking and writing through those tough times — and found himself happy to be “alive and thriving” in the Sierra foothills. 🧗 🚵 💻 💖
Read Chris' story at the 🔗 in our bio.
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Roy Tuscany suffered a spinal injury in 2006. After his recovery he founded @hi5sfoundation, a non-profit that has helped hundreds of injured athletes and veterans from across the country.
“The massive thing I’ve recognized through this work is that sports are a byproduct of community,” Tuscany explains. “We know that if we can get people back to sport, we can use sport as a vehicle to get them back to community and social interaction. We use sport as a way to integrate people back into … people.”
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We hope you and yours are having a great holiday season.
📆As we near the end of 2022, here are some highlights by our contributing editor Matt Johanson — pictured here.
🎉 2022 saw the pandemic recede, wildfires decrease and outdoor recreation dramatically improve as a result.
🌈 California opened the door to increased outdoor opportunities by committing $57 million for underprivileged people in 125 communities.
🏂🏼 The Outdoor Access for All initiative will fund access to nature, outdoor leadership education and career pathways. Thousands of people will experience hiking, camping, kayaking, snowboarding and more as a result.
🏕️ “These programs will turn parks into outdoor classrooms, inspiring a new generation of environmental leadership in California,” said California State Parks Director Armando Quintero.
⬆️ Click the link 🔗 in our bio to read more positive outdoor stories from 2022, including stories on @youthbikeamerica @fullcircleeverest @ku_stevens @cleanupthelake @tahoefund
⛷️ Brennan Lagasse shares the backcountry magic available at the new Frog Lake Backcountry Huts, where one can enjoy quality mountain comfort together with easily accessible terrain.
❄️ "There's something special about the mountain hut experience. The feeling of never leaving the mountains after a long day in the backcountry is something all snow lovers should experience at some point. Luckily for Sierra backcountry users, there's a new hut system to experince north of Tahoe that encapsulates this spirit and then some." — @stateofthebackcountry
⬆️ Pick up our latest issue or check the link 🔗 in our bio to learn more.
ASJ is only possible with the support of our advertisers. Please support our partners this holiday season. Here is an idea from @rab.equipment.
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🎁 Give the gift of eMTBing this holiday season.
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Regular ASJ contributor Krista Houghton has always been on the lookout for trash on her outdoor adventures. 🏞
This past year, she’s bumped up her efforts – accompanied by her husband – by getting out in her own neighborhood with a trash bag and picker. What started as a downer as she made her neighborhood rounds has developed into a sense of pride in caring for the area she lives in. 🏡
Imagine the good vibes and clean public places if we all followed Krista’s example! 💓
👆🏾 Go to the 🔗 in our bio to get inspired by her article in our latest issue.
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