onemorejoltwarden
100 W
The Budget compromise lost proposed ebike subsidies
Provisions designed to supercharge the sale and use of traditional bikes and the battery-powered variety were dropped from the climate deal reached by Senate Majority Leader Charles E. Schumer (D-N.Y.) and Joe Manchin III (W.Va.), the Senate’s most conservative Democrat. Bike manufacturers and cycling enthusiasts pushed for months to include the pro-bike provisions in Democrats’ climate package.
Dropped from the deal is a tax credit worth up to $900 to help cyclists purchase electric bikes. Also gone is a pretax benefit for commuters to help cover the cost of biking to work. Versions of both benefits were included in the roughly $2 trillion spending package that passed the House last year.
The proposed commuter benefit for bikers, which Republicans repealed in 2017, would be similar to a perk many employees already get for taking a car or subway to work.
Source
https://www.washingtonpost.com/climate-environment/2022/08/02/electric-bikes-incentives-cyclists-climate-deal/
may be paywalled
Provisions designed to supercharge the sale and use of traditional bikes and the battery-powered variety were dropped from the climate deal reached by Senate Majority Leader Charles E. Schumer (D-N.Y.) and Joe Manchin III (W.Va.), the Senate’s most conservative Democrat. Bike manufacturers and cycling enthusiasts pushed for months to include the pro-bike provisions in Democrats’ climate package.
Dropped from the deal is a tax credit worth up to $900 to help cyclists purchase electric bikes. Also gone is a pretax benefit for commuters to help cover the cost of biking to work. Versions of both benefits were included in the roughly $2 trillion spending package that passed the House last year.
The proposed commuter benefit for bikers, which Republicans repealed in 2017, would be similar to a perk many employees already get for taking a car or subway to work.
Source
https://www.washingtonpost.com/climate-environment/2022/08/02/electric-bikes-incentives-cyclists-climate-deal/
may be paywalled