Illinois to Offer $1000 Hybrid Tax Rebate

The first 2000 buyers would get a piece of the $2 million set-aside.

Published: 17-Jul-2007

SPRINGFIELD -- As gas prices continue to climb, state Treasurer Alexi Giannoulias is hoping a $1,000 check will sway car shoppers to the hybrid section of auto showrooms.

Giannoulias' rebate program for Illinois residents who buy new hybrids or energy-efficient vehicles with loans from in-state banks begins Monday.

Consumers will save money through the program, which also benefits the environment, said Giannoulias, who says his "Green Rewards" program will be the largest hybrid rebate program in the nation.

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