Establishment of a trade-in program concerning powered bicycles.

This bill would require the Department of Transportation (DOT) to create a program for individuals to trade in Class 3 e-bikes, and vehicles that resemble but do not legally qualify as Class 1 or Class 2 e-bikes, in return for a Class 1 or Class 2 e-bike or for a voucher for redemption with an e-bike retailer for purchase of a Class 1 or Class 2 e-bike. DOT would be required to partner with e-bike retailers to conduct at least 1 trade-in event per community district each calendar year and to determine the trade-in value of different types of eligible vehicles. DOT would have to meet a participation goal of at least 10,000 trade-ins, subject to user demand and e-bike retailer participation. DOT would be prohibited from limiting an individual’s eligibility for the program based on occupation or income. This bill would require DOT to do rulemaking to implement the program and to conduct a public outreach campaign to advertise the program.