Amends the Illinois Income Tax Act. Creates the following credits for taxpayers who manufacture electric vehicles, batteries for electric vehicles, or both: (1) a credit for capital expenditures for electric vehicle facilities or electric vehicle battery facilities; (2) a credit for educational or vocational training; and (3) a credit for qualified utility payments. Creates a credit for certain automobile manufacturers in an amount equal to 75% of withholding payments for new employees. Effective immediately.

Statutes affected:
Introduced: 35 ILCS 5/232, 35 ILCS 5/233, 35 ILCS 5/234, 35 ILCS 5/235