Rather than each state receiving a formula-driven amount of funds — much like how last year’s major infrastructure law operates — the states that will benefit from the “first come, first served” nature of this legislation are the ones that reach out and apply for grants, participate in programs and take advantage of the tax incentives available. These opportunities range from the state to the municipal and individual levels.
“This bill, with these tax incentives, can really supercharge what Illinois is doing and make that transition quicker, more just and easier for manufacturers to move toward renewable part production and for providers to move towards renewable energy,” Gill said.
Gill added, that because of Illinois’ existing climate policy, the bureaucratic infrastructure needed to participate in the programs coming out of the bill already is in place.
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