SF2464 (Legislative Session 94 (2025-2026))
Electric-assisted bicycle rebate repeal
Related bill: HF2066
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to repeal a financial incentive related to transportation and manage related appropriations by canceling existing funds that were designated for a specific rebate program.
Main Provisions
- Cancellation of Rebate: The bill proposes the cancellation of the electric-assisted bicycle rebate, which was a financial incentive previously allocated to encourage the use of electric bicycles.
- Fund Transfer: Funds that were initially appropriated for this electric-assisted bicycle rebate in Minnesota Statutes section 289A.51, subdivision 8, are to be redirected back to the state's general fund by June 30, 2025.
Significant Changes to Existing Law
- Repeal of Electric Bike Rebate: This bill repeals the existing law that provides financial rebates for purchasers of electric-assisted bicycles, effectively eliminating this incentive.
- Budget Reallocation: The allocated $2,000,000 for the rebate program will no longer be used for its initial purpose but will instead be returned to the general state fund.
Relevant Terms
electric-assisted bicycle, rebate cancellation, appropriation, Minnesota Statutes, general fund.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 12, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 12, 2025 | Senate | Floor | Action | Referred to | Transportation |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill cancels an appropriation related to the electric-assisted bicycle rebate under section 289A.51.",
"modified": [
"Cancels specific appropriation in subdivision 8 to the general fund on June 30, 2025."
]
},
"citation": "289A.51"
}
]