HB 1103 Summary

• Appropriates $2,100,000 from general revenues for fiscal year 2022-2023 to fund the electric bicycle and electric moped rebate program established by Act 306 (2022).

• Establishes a new electric bicycle and electric moped special fund within the state treasury to be administered by the Department of Transportation, replacing the previous highway development special fund subaccount.

• Authorizes the Department of Transportation to pay rebates of 20% of retail cost or $500 (whichever is lower) to eligible individuals purchasing new electric bicycles or electric mopeds, with a $700,000 annual cap per fiscal year.

• Allows the Department of Transportation to contract with a third-party administrator to operate the rebate program, with administrator costs limited to 10% of appropriated amounts.

• Restricts eligible rebate recipients to persons 18+ who qualify for low-income assistance programs, do not own a four-wheel motor vehicle, or are enrolled in school, community college, or university.