Bill > A5350

Introduced Session

This bill would require the Board of Public Utilities (board) to establish and implement a program to provide rebates to certain residents of the State for the purchase of eligible low-speed electric bicycles. The purpose of the rebate program is to reduce emissions from motor vehicles by encouraging the purchase and use of low-speed electric bicycles in urban areas for short distance trips. Rebates may be made available only to residents in the State of municipalities with a population over 70,000 in an amount up to $2,000 but may not exceed the purchase price of the eligible low-speed electric bicycle. Under the program, a rebate would be provided to a person who purchases an eligible low-speed electric bicycle in two installments. The first installment would be for 50 percent of the rebate amount to be paid upon approval by the board of an application that meets the requirements established in the bill, and the second installment would be for 50 percent of the rebate amount at least one year after the first installment payment of the rebate upon receipt by the board of proof of use and continued ownership of the eligible low-speed electric bicycle for at least one year. The bill provides that the board would determine the types or brands of eligible low-speed electric bicycles eligible for the rebate and the manner and form for residents to apply for, and if eligible, receive a rebate pursuant to the bill. Finally, the bill authorizes the board to establish other requirements and parameters for the rebate program as it deems necessary and reasonable to further the goals of the program. The bill appropriates $250,000 from the General Fund to the Board of Public Utilities for the purposes of providing rebates pursuant to the program established in the bill.

AI Summary

Committee Categories

Robert Karabinchak (D)*,  Jim Kennedy (D)*, 

Introduced, Referred to Assembly Environment and Solid Waste Committee (on 03/30/2023)

Official Document