Bill
Bill > A1487
summary
Introduced
01/09/2024
01/09/2024
In Committee
05/16/2024
05/16/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
Directs BPU to establish rebate program for purchase of electric bicycles.
AI Summary
This bill directs the Board of Public Utilities (BPU) to establish a rebate program for the purchase of eligible low-speed electric bicycles. The rebate will cover up to 50% of the retail purchase price, with a maximum of $2,000 per bicycle. The program is designed to encourage the use of electric bicycles for short-distance trips in order to reduce emissions from motor vehicles. The BPU is required to provide $1 million from the societal benefits charge to fund the rebate program and is authorized to adopt rules and regulations to implement the program.
Committee Categories
Agriculture and Natural Resources, Transportation and Infrastructure
Sponsors (4)
Last Action
Reported out of Asm. Comm. with Amendments, and Referred to Assembly Transportation and Independent Authorities Committee (on 05/16/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A1487 |
| BillText | https://pub.njleg.gov/Bills/2024/A1500/1487_R1.HTM |
| Analysis - Statement AEN 5/16/24 | https://pub.njleg.gov/Bills/2024/A1500/1487_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/A1500/1487_I1.HTM |
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