Bill Text: IL SB1700 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall establish a program to award rebates of up to $750 to individuals who purchase a low-speed electric bicycle. Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-03-10 - Rule 3-9(a) / Re-referred to Assignments [SB1700 Detail]
Download: Illinois-2023-SB1700-Introduced.html
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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Department of Commerce and Economic | |||||||||||||||||||
5 | Opportunity Law of the
Civil Administrative Code of Illinois | |||||||||||||||||||
6 | is amended by adding Section 605-1110 as follows:
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7 | (20 ILCS 605/605-1110 new) | |||||||||||||||||||
8 | Sec. 605-1110. Rebate program for low-speed electric | |||||||||||||||||||
9 | bicycles. Subject to appropriation for this purpose, the | |||||||||||||||||||
10 | Department shall establish a program to award rebates of up to | |||||||||||||||||||
11 | $750 to individuals who purchase a low-speed electric bicycle, | |||||||||||||||||||
12 | as defined in Section 1-140.10 of the Illinois Vehicle Code.
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13 | Section 99. Effective date. This Act takes effect upon | |||||||||||||||||||
14 | becoming law.
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