SB3959 - 104th General Assembly (2025-2026)
INC TX-WELCOME HOME CREDIT
Last Action
2/06/2026 - Senate: Referred to Assignments
Statutes Amended In Order of Appearance
Synopsis As Introduced
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.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/06/2026 | Senate | Filed with Secretary by Sen. Erica Harriss |
| 2/06/2026 | Senate | First Reading |
| 2/06/2026 | Senate | Referred to Assignments |