HB 3447

Rebate Summary

Kam Buckner has proposed a bill, HB3447, to provide a point-of-sale discount to residents who buy an electric bicycle. The bill would give special priority to people who are eligible for food or energy payment assistance assistance, and/or make less than 300 percent of the federal poverty limit. Communities within an EPA “nonattainment area”, a location whose air quality does not meet the air quality standards set by the agency, such as the Chicago region, will also be prioritized for the rebates. Eligible businesses can register with the Illinois Department of Revenue to be reimbursed by the state for the discounts they provide to customers.