Illinois leaders hope this new law will draw more electric vehicle factories to the state

Read the full story from St. Louis Public Radio.

Gov. J.B. Pritzker signed into law a tax incentives package Tuesday state lawmakers hope will help Illinois become a manufacturing hub for the budding electric vehicle industry.

The Reimagining Electric Vehicles in Illinois, or REV Act, passed the General Assembly with near-unanimous bipartisan support during the recently concluded fall session. It provides tax credits for income tax withheld for EV manufacturers and costs to train new or retained employees.

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