INC TAX-PROP TAX CREDIT Senate SponsorsSen. John F. Curran 2/24/2026SenateAssigned to Revenue 35 ILCS 5/208from Ch. 120, par. 2-208Amends the Illinois Income Tax Act. Increases the tax credit for residential real property taxes from 5% of the real property taxes paid by the taxpayer during the taxable year on the principal residence of the taxpayer to 10% of the real property taxes paid by the taxpayer during the taxable year on the principal residence of the taxpayer. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately. 2/6/2026SenateFiled with Secretary by Sen. John F. Curran 2/6/2026SenateFirst Reading 2/6/2026SenateReferred to Assignments 2/24/2026SenateAssigned to Revenue 3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026