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.
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 13, 2025 | Senate | Action | Introduction and first reading | ||
| March 13, 2025 | Senate | Action | Referred to | Transportation |
Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.
Progress through the legislative process
In Committee