,,ii  #aag? ,,congress  #a/ ,session    
,s4 #bdbj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ba1 #bjba,mr4   
,s*atz 7= himself & ,mr4 ,m>key7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to provide a cr$it
 = ! pur*ase ( c]ta9 new electric       
bicycles4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,electric ,bicycle         
,inc5tive ,kick/>t = ! ,environm5t ,act 
or z ! ,e-,,bike ,act4  #b4 ,cr$it =    
c]ta9 new electric bicycles  7a7 ,9     
g5]al ,subp>t ,c ( "p ,,iv ( sub*apt] ,a
 ( *apt] #a ( ! ,int]nal ,rev5ue ,code (
 #aihf is am5d$ by add+ at ! end !      
foll[+ new section3  #cf;,c4 ,electric  
bicycles  7a7 ,all[ance ( cr$it ,9 !    
case ( an individual1 !re %all be all[$ 
z a cr$it aga9/ ! tax impos$ by ?is     
subtitle = any taxable ye> an am\nt     
equal to #cj p]c5t ( ! co/ ( any        
qualifi$ electric bicycle plac$ 9 s]vice
 by ! taxpay] dur+ su* taxable ye>4  7b7

 ,limitation  7#a7 ,doll> limitation ,9 
! case ( any taxpay] = any taxable ye>1 
! cr$it all[$ "u subsection 7a7 %all n  
exce$ ! excess 7if any7 (-- 7,a7 #a1ejj 
7twice su* am\nt 9 ! case ( a jo9t      
return71 r$uc$ by  7,b7 ! aggregate     
cr$its all[$ to ! taxpay] "u subsection 
7a7 = ! #b prec$+ taxable ye>s4  7#b7   
,numb] ( bicycles ,9 ! case ( any       
taxpay] = any taxable ye>1 ! numb] (    
bicycles tak5 into acc\nt "u subsection 
7a7 %all n exce$ ! excess 7if any7 (--  
7,a7 #a 7#b 9 ! case ( a jo9t return71  
r$uc$ by  7,b7 ! aggregate numb] (      
bicycles tak5 into acc\nt by ! taxpay]  
"u subsection 7a7 = ! #b prec$+ taxable 
ye>s4  7c7 ,qualifi$ electric bicycle ,=
 purposes ( ?is section-- 7#a7 ,9 g5]al 
,! t]m qualifi$ electric bicycle means a
 two- or ?ree-:eel$ vehicle-- 7,a7 :i*  
is a class #a electric bicycle1 a class 
#b electric bicycle1 or a class #c      
electric bicycle1  7,b7 :i* is equipp$  
)-- 7i7 p$als capable ( propell+ su*    
vehicle1  7ii7 a saddle or seat = !     

rid]1 &  7iii7 an electric motor ( less 
?an #gej watts :i* is capable ( propell+
 su* vehicle1  7,c7 ! orig9al use ( :i* 
comm5ces ) ! taxpay]1  7,d7 :i* is      
acquir$ = use by ! taxpay] 9 ! ,unit$   
,/ates & n = lease or resale1 &  7,e7   
:i* is n prop]ty ( a "* subject to an   
all[ance = depreciation or amortization 
9 ! h&s ( ! taxpay]4  7#b7 ,limitation  
bas$ on acquisition co/ ,! t]m qualifi$ 
electric bicycle %all n include any     
vehicle if ! aggregate am\nt paid = !   
acquisition ( su* vehicle exce$s #h1jjj4
  7#c7 ,class #a electric bicycle ,! t]m
 class #a electric bicycle means a two- 
or ?ree-:eel$ vehicle equipp$ ) an      
electric motor t provides assi/ance only
 :5 ! rid] is p$al+1 t is n capable (   
provid+ assi/ance :5 ! spe$ ( ! vehicle 
exce$s #bj miles p] h\r1 & t is n a     
class #c electric bicycle4  7#d7 ,class 
#b electric bicycle ,! t]m class #b     
electric bicycle means a two- or        
?ree-:eel$ vehicle equipp$ ) an electric
 motor t may be us$ to propel ! vehicle 

)\t ! ne$ ( any additional assi/ance1 & 
t is n capable ( provid+ assi/ance :5 ! 
spe$ ( ! vehicle exce$s #bj miles p]    
h\r4  7#e7 ,class #c electric bicycle ,!
 t]m class #c electric bicycle means a  
two- or ?ree-:eel$ vehicle equipp$ ) an 
electric motor t provides assi/ance only
 :5 ! rid] is p$al+1 & t is n capable ( 
provid+ assi/ance :5 ! spe$ ( ! vehicle 
exce$s #bh miles p] h\r4  4  7b7 ,con=m+
 am5dm5ts  7#a7 ,section                
#fbaa7;b77#d77;,a7 ( su* ,code is am5d$ 
by ins]t+ #cf;,c1 aft] #cf;,b14  7#b7   
,p>agraph 7#b7 ( section #acbd7;b7 (    
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by ins]t+ #cf;,c1 aft] #cf;,b14  7c7   
,cl]ical am5dm5t ,! table ( sections =  
subp>t ,c ( "p ,,iv ( sub*apt] ,a (     
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] ! item    
relat+ to section #cf;,b ! foll[+ new   
item3  ,sec4 #cf;,c4 ,electric bicycles4
  4  7d7 ,effective date ,! am5dm5ts    
made by ?is section %all apply to       
vehicles plac$ 9 s]vice aft] ! date ( ! 

enactm5t ( ?is ,act1 9 taxable ye>s end+
 aft] su* date4  7e7 ,treasury report ,n
 lat] ?an #c ye>s aft] ! date ( !       
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury 7or ! ,secret>y's designee7   
%all make publicly available a writt5   
report specify+ ! numb] ( taxpay]s      
claim+ ! cr$it all[$ "u section #cf;,c (
 ! ,int]nal ,rev5ue ,code ( #aihf 7z    
add$ by ?is section7 & ! aggregate doll>
 am\nt ( su* cr$its s all[$4 ,su*       
in=mation %all be /at$ sep>ately =      
taxable ye>s beg9n+ 9 #bjba & #bjbb1 &  
%all be /at$ sep>ately ) respect to ea* 
su* ye>s ) respect to taxpay]s 9 ea* ( !
 income brackets to :i* section #a ( su*
 ,code applies4