Minnesotans can now get rebates up to $1,500 for e-bikes
May 30, 2023 09:30AM ● By Content Editor
Photo: CBS
By CAROLINE CUMMINGS - CBS Minnesota News - May 30, 2023
By CAROLINE CUMMINGS - CBS Minnesota News - May 30, 2023
Minnesotans can get up to $1,500 towards the purchase of an electric bicycle under a new program approved by the DFL-led state legislature this year.
The bill earmarks $4 million for the rebate program over the next few years, which will be administered by the Department of Revenue on a first-come, first-served basis.
Forty percent of the funding will be reserved for individuals and families making below the median household income. The credit will be 75% of the value or $1,500 toward the purchase of an e-bike, whichever is less.
To read the full story, visit the CBS Minnesota News site here.