IL HB2380

Modifies eligibility for Illinois electric vehicle rebates to applicants with income not exceeding 500% of the federal poverty line who cannot be claimed as dependents, with eligible vehicles capped at $80,000 selling price

Changes rebate amounts beginning July 1, 2025: $2,000 for new or used electric vehicles (non-motorcycles), $1,500 for electric motorcycles, with low-income applicants receiving an additional $2,000

Redefines "low-income applicants" as those with income not exceeding 80% of regional or county median income (per HUD limits), replacing the previous state median income standard

Extends the rebate application deadline from 90 days to 180 days after vehicle purchase and requires applications during an open rebate cycle identified by the Environmental Protection Agency

Authorizes the Agency to audit rebate recipients by requesting income tax returns and other documentation, with potential reimbursement required if eligibility cannot be verified