SB 2015

Comment:

IFRA Position: Monitor

Short Description:  ELECTRIC VEHICLE REBATE-BIKES

Senate Sponsors

Sen. Mike Simmons

Synopsis As Introduced

     Amends the Electric Vehicle Rebate Act. Provides that, beginning July 1, 2024, and continuing as long as funds are available, a person may apply for a rebate in specified amounts following the purchase of an electric bicycle in Illinois. Prohibits the rebate amount from exceeding the purchase price of the electric bicycle. Contains eligibility requirements. Requires a person who is awarded a rebate to retain ownership of the electric bicycle for a minimum of 12 consecutive months. Provides that a person may apply for and receive a rebate only once in a 10-year period and that only one rebate may be awarded per person per electric bicycle. Contains other provisions.

Last Action  

Date

Chamber

 Action

  2/21/2023

Senate

Assigned to Appropriations

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Illinois Fuel & Retail Association

112 W. Cook Street
Springfield, Illinois  62704
Telephone: (217) 544-4609
Fax: (217) 789-0222

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“Neighbors Serving Neighbors.” It’s more than our slogan at IFRA, it’s at the core of every decision we make. IFRA was formed in order to foster a cooperative spirit between petroleum marketers and convenience store operators doing business in Illinois. It’s our guiding principal to eliminate practices and customs that are contrary to a capitalist economy and a competitive business environment in Illinois.

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