Electric-assisted bicycle rebate repeal

SF 2464 repeals Minnesota's electric-assisted bicycle rebate program, which provided up to $1,500 in rebates for eligible residents purchasing new electric bikes and qualifying accessories (like helmets or locks) from participating retailers. The bill cancels a $2 million annual appropriation for the program and redirects that funding to the highway user tax distribution fund. This change ends the program for future applicants, affecting individuals who previously qualified based on income and residency, as well as participating retailers. The repeal takes effect on June 30, 2025, with the redirected funds becoming available on July 1, 2025.