REV Illinois
REV Illinois (Reimagining Electric Vehicles in Illinois) provides project-by-project tax credits for businesses in the electric vehicle and renewable energy supply chain. Negotiated with DCEO across four investment/job tiers.
Check an Address — Free Snapshot
See whether a specific Chicago address sits inside the area that unlocks REV Illinois, alongside every other incentive that touches that parcel.
Businesses in EV manufacturing, battery production, EV components, renewable energy, or related supply chain operations meeting the four investment/job tier thresholds.
REV Illinois is tied to the State Incentive Zone (EDGE/REV/MICRO/Data Center) geography — being inside that boundary is the first eligibility gate. A single address can fall inside several overlapping incentive areas at once.
Boundaries are precise and change over time, so exact eligibility always depends on the specific address. The fastest way to know is to run a free snapshot for the parcel you have in mind.
The state-incentive zone overlay is a high-unemployment census-tract proxy, not an official REV zone designation. REV is project-by-project, not zone-based.
Typical range · Negotiated tax credits across 4 investment/job tiers
- +Large EV manufacturer: $1.5B investment + 500 jobs over 5 years
- +EV component manufacturer: $300M + 150 jobs
- +Small EV manufacturer: $20M + 50 jobs over 4 years
- +Converted manufacturer: $100M + 75 jobs
- +Enhanced credit value for underserved-area projects
- 1Contact Illinois DCEO about REV program eligibility
- 2Submit application with business and investment plan
- 3Demonstrate connection to EV/clean energy supply chain
- 4Negotiate agreement terms with DCEO
Call DCEO at (217) 782-7500 about REV eligibility
- REV Illinois application
- Business plan showing EV/clean energy connection
- Investment and job creation projections
This page is a starting point, not eligibility, legal, or tax advice. Verify current requirements, deadlines, and boundaries with the administering agency before applying or spending money — program rules and funding change over time.
- Building Materials Exemption Certificate (BMEC) — Illinois Department of Revenue
- IDOR Business Incentives Reporting — Illinois Department of Revenue
- Phone
- (217) 782-7500
- Web
- Visit site ↗
Last verified 2026-05-21
Illinois supports federal Opportunity Zone investments through DCEO discretionary grants (Regional Site Readiness, OZ capital grants) and scoring preference for projects in designated zones. A new round of IL-nominated zones takes effect January 1, 2027 under OZ 2.0.
Illinois Enterprise Zones offer state and local tax incentives to stimulate economic growth in economically depressed areas, including sales tax exemptions on building materials, utility tax exemptions, and investment tax credits.
The Economic Development for a Growing Economy (EDGE) program provides Illinois income tax credits against state withholding for businesses that create or retain jobs. Amended by HB2755 / P.A. 104-0006 (June 2025) to expand withholding-credit elections and require 10-day public posting of EDGE agreement terms.
MICRO (Manufacturing Illinois Chips for Real Opportunity) supports semiconductor and microchip-related businesses with income tax credits, training, and infrastructure support. Codified at 35 ILCS 45.