103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB3456

 

Introduced 2/8/2024, by Sen. Robert F. Martwick

 

SYNOPSIS AS INTRODUCED:
 
415 ILCS 120/27

    Amends the Electric Vehicle Rebate Act. Provides that, to be eligible to the electric vehicle rebate, a purchaser must purchase or make a significant payment towards the purchase of (instead of purchase) an electric vehicle on or after July 1, 2022. Makes a conforming change. Provides that, if a person made a significant payment towards the purchase of the vehicle after July 1, 2022 but before the effective date of the amendatory Act, then the person may apply for the rebate within 90 days after the effective date of the amendatory Act. Effective immediately.


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A BILL FOR

 

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1    AN ACT concerning safety.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Electric Vehicle Rebate Act is amended by
5changing Section 27 as follows:
 
6    (415 ILCS 120/27)
7    Sec. 27. Electric vehicle rebate.
8    (a) Beginning July 1, 2022, and continuing as long as
9funds are available, each person shall be eligible to apply
10for a rebate, in the amounts set forth below, following the
11purchase of an electric vehicle in Illinois. The Agency shall
12issue rebates consistent with the provisions of this Act and
13any implementing regulations adopted by the Agency. In no
14event shall a rebate amount exceed the purchase price of the
15vehicle.
16        (1) Beginning July 1, 2022, a $4,000 rebate for the
17    purchase of an electric vehicle that is not an electric
18    motorcycle.
19        (2) Beginning July 1, 2026, a $2,000 rebate for the
20    purchase of an electric vehicle that is not an electric
21    motorcycle.
22        (3) Beginning July 1, 2028, a $1,500 rebate for the
23    purchase of an electric vehicle that is not an electric

 

 

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1    motorcycle.
2        (4) Beginning July 1, 2022, a $1,500 rebate for the
3    purchase of an electric vehicle that is an electric
4    motorcycle.
5    (b) To be eligible to receive a rebate, a purchaser must:
6        (1) Reside in Illinois, both at the time the vehicle
7    was purchased and at the time the rebate is issued.
8        (2) Purchase or make a significant payment towards the
9    purchase of an electric vehicle in Illinois on or after
10    July 1, 2022 and be the owner of the vehicle at the time
11    the rebate is issued. Rented or leased vehicles, vehicles
12    purchased from an out-of-state dealership, and vehicles
13    delivered to or received by the purchaser out-of-state are
14    not eligible for a rebate under this Act.
15        (3) Apply for the rebate within 90 days after the
16    vehicle purchase date, and provide to the Agency proof of
17    residence, proof of vehicle ownership, and proof that the
18    vehicle was purchased in Illinois, including a copy of a
19    purchase agreement noting an Illinois seller. The
20    purchaser must notify the Agency of any changes in
21    residency or ownership of the vehicle that occur between
22    application for a rebate and issuance of a rebate. In this
23    paragraph, "vehicle purchase date" means the date the
24    person either (i) pays full price for the vehicle or (ii)
25    makes a significant payment towards the purchase of the
26    vehicle, whichever is first.

 

 

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1        Notwithstanding the provisions of this paragraph, if a
2    person made a significant payment towards the purchase of
3    the vehicle after July 1, 2022 but before the effective
4    date of this amendatory Act of the 103rd General Assembly,
5    then the person may apply for the rebate within 90 days
6    after the effective date of this amendatory Act of the
7    103rd General Assembly.
8    (c) The Agency shall make available in application
9materials methods for purchasers to identify as low-income.
10The Agency shall prioritize the review of qualified
11applications from low-income purchasers and award rebates to
12qualified purchasers accordingly.
13    (d) The purchaser must retain ownership of the vehicle for
14a minimum of 12 consecutive months immediately after the
15vehicle purchase date. The purchaser must continue to reside
16in Illinois during that time frame and register the vehicle in
17Illinois during that time frame. Rebate recipients who fail to
18satisfy any of the above criteria will be required to
19reimburse the Agency all or part of the original rebate amount
20and shall notify the Agency within 60 days of failing to
21satisfy the criteria.
22    (e) Rebates administered under this Section shall be
23available for both new and used electric vehicles.
24    (f) A rebate administered under this Act may only be
25applied for and awarded one time per vehicle identification
26number. A rebate may only be applied for and awarded once per

 

 

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1purchaser in any 10-year period.
2    
3(Source: P.A. 102-662, eff. 9-15-21; 102-820, eff. 5-13-22.)
 
4    Section 99. Effective date. This Act takes effect upon
5becoming law.