Mn Electric Bicycle Rebate June 5 11am 2024 Individual purchaser application start date July 1 2024 Rebate Certificates will begin being issued to purchasers The Minnesota Department of Revenue will be hosting two webinars for retailers that want to participate in Minnesota s e Bike Rebate Program
The e Bike Rebate provides a discount of up to 1 500 on a qualifying e bike The discount is 50 75 of a buyer s qualifying expenses depending on their income The rebate value cannot exceed the price of the e bike Retailers and individuals buyers must apply to the Minnesota Department of Revenue to take part in the program The maximum rebate is 75 of the value of the cost of an e bike up to 1 500 Minnesotans earning 25 000 a year or less or 50 000 for a married taxpayer who filed a joint
Mn Electric Bicycle Rebate
Mn Electric Bicycle Rebate
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The maximum rebate is 1 500 up to 75 percent of the value of a new e bike And it s scaled based on your income So the more someone earns the smaller their rebate For a family MN is offering a rebate of 50 75 of the purchase price of an e bike and qualifying accessories up to 1500 Purchase must be from participating approved retailers Electric bikes must have a battery or electric drive system that s been tested and approved by an independent safety lab Rebate percentage is based on 2023 Adjusted Gross Income
MINNEAPOLIS 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 The rebate is worth 50 75 of the cost of an e bike and qualifying accessories up to a maximum of 1 500 The program will favor individuals with an annual income of 25 000 or less or 50 000 for married couples filing jointly Click here to see which e bikes and accessories qualify
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Minnesotans purchasing electric assisted bikes could get a tax credit worth up to 1 500 under an incentive added to the Minnesota Senate transportation budget A prominent seller of The e bike rebate program approved by the Legislature in 2023 will make available 2 million both this year and next Some Minnesota bike retailers said they ve fielded many questions
To be eligible to apply for an e bike rebate through the Department of Revenue the person must be a current Minnesota resident and a resident in the previous tax year may not have been With approximately 4 million set aside through the transportation omnibus bill Minnesotans will be able to claim up to 75 of the price of the e bike or up to 1 500 very soon It s no
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https://www.bikemn.org/e-bike-rebate-2
June 5 11am 2024 Individual purchaser application start date July 1 2024 Rebate Certificates will begin being issued to purchasers The Minnesota Department of Revenue will be hosting two webinars for retailers that want to participate in Minnesota s e Bike Rebate Program
https://www.revenue.state.mn.us/mndor-pp/19716?type=html
The e Bike Rebate provides a discount of up to 1 500 on a qualifying e bike The discount is 50 75 of a buyer s qualifying expenses depending on their income The rebate value cannot exceed the price of the e bike Retailers and individuals buyers must apply to the Minnesota Department of Revenue to take part in the program
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Mn Electric Bicycle Rebate - The rebate is worth 50 75 of the cost of an e bike and qualifying accessories up to a maximum of 1 500 The program will favor individuals with an annual income of 25 000 or less or 50 000 for married couples filing jointly Click here to see which e bikes and accessories qualify
