rexki
Member
(415 ILCS 120/40) - Sec. 40. Appropriations from the Electric Vehicle Rebate Alternate Fuels Fund.
(415 ILCS 120/45) - Sec. 45. Electric Vehicle Rebate Alternate Fuels Fund; creation; deposit of user fees
I cannot locater any sources for the $6M or the higher $7.3M
If $6M - At ~15 cars per business day - this will take 100 bus days or 20 weeks or Last week of October 2022 ??
(30 ILCS 105/5.427) - Sec. 5.427. The Electric Vehicle Rebate Alternate Fuels Fund
(415 ILCS 120/27 new) - Sec. 27. Electric vehicle rebate.
(a) Beginning July 1, 2022, and continuing as long as funds are available, each person shall be eligible to apply for a rebate, in the amounts set forth below, following the purchase of an electric vehicle in Illinois. The Agency shall issue rebates consistent with the provisions of this Act and any implementing regulations adopted by the Agency. In no event shall a rebate amount exceed the purchase price of the vehicle.
(1) Beginning July 1, 2022, a $4,000 rebate for the purchase of an electric vehicle.
(2) Beginning July 1, 2026, a $2,000 rebate for the purchase of an electric vehicle.
(3) Beginning July 1, 2028, a $1,000 rebate for the purchase of an electric vehicle.
(b) To be eligible to receive a rebate, a purchaser must:
(1) Reside in Illinois, both at the time the vehicle was purchased and at the time the rebate is issued.
(2) Purchase an electric vehicle in Illinois on or after July 1, 2022 and be the owner of the vehicle at the time the rebate is issued. Rented or leased vehicles, vehicles purchased from an out-of-state dealership, and vehicles delivered to or received by the purchaser out-of-state are not eligible for a rebate under this Act.
(3) Apply for the rebate within 90 days after the vehicle purchase date, and provide to the Agency proof of residence, proof of vehicle ownership, and proof that the vehicle was purchased in Illinois, including a copy of a purchase agreement noting an Illinois seller. The purchaser must notify the Agency of any changes in residency or ownership of the vehicle that occur between application for a rebate and issuance of a rebate.
(c) The Agency shall make available in application materials methods for purchasers to identify as low-income.
The Agency shall prioritize the review of qualified applications from low-income purchasers and award rebates to qualified purchasers accordingly.
(d) The purchaser must retain ownership of the vehicle for a minimum of 12 consecutive months immediately after the vehicle purchase date. The purchaser must continue to reside in a covered area during that time frame and register the vehicle in Illinois during that time frame. Rebate recipients who fail to satisfy any of the above criteria will be required to reimburse the Agency all or part of the original rebate amount and shall notify the Agency within 60 days of failing to satisfy the criteria.
(e) Rebates administered under this Section shall be available for both new and used passenger electric vehicles.
(f) A rebate administered under this Act may only be applied for and awarded one time per vehicle identification number. A rebate may only be applied for and awarded once per purchaser in any 10-year period.
(415 ILCS 120/45) - Sec. 45. Electric Vehicle Rebate Alternate Fuels Fund; creation; deposit of user fees
I cannot locater any sources for the $6M or the higher $7.3M
If $6M - At ~15 cars per business day - this will take 100 bus days or 20 weeks or Last week of October 2022 ??
(30 ILCS 105/5.427) - Sec. 5.427. The Electric Vehicle Rebate Alternate Fuels Fund
(415 ILCS 120/27 new) - Sec. 27. Electric vehicle rebate.
(a) Beginning July 1, 2022, and continuing as long as funds are available, each person shall be eligible to apply for a rebate, in the amounts set forth below, following the purchase of an electric vehicle in Illinois. The Agency shall issue rebates consistent with the provisions of this Act and any implementing regulations adopted by the Agency. In no event shall a rebate amount exceed the purchase price of the vehicle.
(1) Beginning July 1, 2022, a $4,000 rebate for the purchase of an electric vehicle.
(2) Beginning July 1, 2026, a $2,000 rebate for the purchase of an electric vehicle.
(3) Beginning July 1, 2028, a $1,000 rebate for the purchase of an electric vehicle.
(b) To be eligible to receive a rebate, a purchaser must:
(1) Reside in Illinois, both at the time the vehicle was purchased and at the time the rebate is issued.
(2) Purchase an electric vehicle in Illinois on or after July 1, 2022 and be the owner of the vehicle at the time the rebate is issued. Rented or leased vehicles, vehicles purchased from an out-of-state dealership, and vehicles delivered to or received by the purchaser out-of-state are not eligible for a rebate under this Act.
(3) Apply for the rebate within 90 days after the vehicle purchase date, and provide to the Agency proof of residence, proof of vehicle ownership, and proof that the vehicle was purchased in Illinois, including a copy of a purchase agreement noting an Illinois seller. The purchaser must notify the Agency of any changes in residency or ownership of the vehicle that occur between application for a rebate and issuance of a rebate.
(c) The Agency shall make available in application materials methods for purchasers to identify as low-income.
The Agency shall prioritize the review of qualified applications from low-income purchasers and award rebates to qualified purchasers accordingly.
(d) The purchaser must retain ownership of the vehicle for a minimum of 12 consecutive months immediately after the vehicle purchase date. The purchaser must continue to reside in a covered area during that time frame and register the vehicle in Illinois during that time frame. Rebate recipients who fail to satisfy any of the above criteria will be required to reimburse the Agency all or part of the original rebate amount and shall notify the Agency within 60 days of failing to satisfy the criteria.
(e) Rebates administered under this Section shall be available for both new and used passenger electric vehicles.
(f) A rebate administered under this Act may only be applied for and awarded one time per vehicle identification number. A rebate may only be applied for and awarded once per purchaser in any 10-year period.
