INC TX-WELCOME HOME CREDIT

Where it is in the process

Plain-English Summary

Amends the Illinois Income Tax Act. Creates the Welcome Home Illinois tax credit. Provides that each taxpayer who is a first-time homebuyer of a principal residence in the State during the taxable year is entitled to an income tax credit in an amount equal to $500. Effective immediately.

Source: OpenStates · fetched July 9, 2026

Votes

Sponsorship · 12 Sponsors

Democrat0Republican12Independent0Other0

R · PrimeErica Harriss
R · CoJohn Curran
R · CoSally Turner
R · CoChris Balkema
R · CoCraig Wilcox
R · CoDonald DeWitte
R · CoDarby Hills
R · CoJil Tracy
R · CoJason Plummer
R · CoSeth Lewis
R · CoSusan Rezin
R · CoDave Syverson

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