E-Ink Reader Bailout
Washington, DC. As part of the US Government’s massive bailout of financial institutions, many have complained of the additional measures tacked on the bill—the so-called “pork.” Amid the subsidies for wooden shafted children’s arrows and foot stomped grape wine was an almost overlooked provision for dedicated e-ink based book readers.
Under Section 37.302 of the bill, anyone in the US that purchased an e-ink book reader after January 1, 2003 and before December 31, 2009 is entitled to a $500 rebate directly from the Government. The checks are to be issued starting on December 15, 2008.
The checks are to be issued to anyone that can prove that they own or owned an e-ink reader within that period. Valid proofs of ownership include an original bill of sale including serial number and the unit itself with a valid serial number. The rebate is not based on the original purchase price of the unit.