The bill aims to promote the use of electric bicycles, enhancing environmental sustainability and reducing reliance on conventional vehicles. Enacting this legislation is expected to incentivize more residents to consider electric bicycles as a viable means of transportation, potentially impacting public health by encouraging more physical activity and reducing air pollution from motor vehicles.
Summary
SB2015 amends the Electric Vehicle Rebate Act to introduce a rebate program for the purchase of electric bicycles in Illinois. The bill allows individuals to apply for a rebate starting July 1, 2024, as long as funds are available. It establishes two rebate amounts: $400 for individuals who are not classified as low-income purchasers and $1,200 for those who are. The rebate is designed to cover a portion of the purchase price, but cannot exceed the price of the bicycle itself.
Contention
The bill's provisions include eligibility requirements such as the need for applicants to reside in Illinois, own the bicycle at the time of rebate application, and purchase the bicycle from an in-state seller. Additionally, the rebate program limits individuals to one rebate in a ten-year period and mandates that persons who receive a rebate retain ownership of the bike for at least 12 consecutive months. While it aims to ensure equitable access through higher rebates for low-income individuals, there may be discussions around the funding and management of the rebate program, including concerns about accessibility for those who may not traditionally use bicycles.