December 06, 2021
Illinois Enacts Tax Incentives to Attract Electric Vehicle Manufacturing
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To read complete article visit Tax Equity Times Blog
In November 2021, Illinois Governor JB Pritzker signed the Reimagining Electric Vehicles Act, which establishes the Reimagining Electric Vehicles in Illinois Program to incentivize the production of electric vehicles in the state. This Mayer Brown Legal Update discusses the criteria to qualify for the program and the related tax credits, exemptions and deductions.
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