Bill > SB2313

This bill amends the Electric Vehicle Rebate Act to expand and modify the state's electric vehicle rebate program. The bill makes several key changes, including authorizing rebates for electric motorcycles and adjusting rebate amounts over time: $4,000 for non-motorcycle electric vehicles and $1,500 for electric motorcycles until July 1, 2026, with declining amounts in subsequent years. Importantly, the bill now requires rebate applicants to be low-income, defined as individuals or families earning no more than 80% of the state's median income. The application window for rebates has been extended from 90 to 180 days after vehicle purchase, and applicants must now apply during an open rebate cycle identified by the Environmental Protection Agency (EPA). The bill also broadens the funding sources for the Electric Vehicle Rebate Fund, allowing deposits from the General Revenue Fund and other funding sources, not just the General Revenue Fund. The definition of "electric vehicle" has been refined to clarify eligible vehicles, excluding low-speed vehicles, off-road vehicles, and hybrid or extended-range electric vehicles. The bill becomes effective on July 1, 2025, and aims to make electric vehicle purchases more accessible to low-income residents by providing financial incentives.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2313&GAID=18&DocTypeID=SB&SessionID=114&GA=104