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SB3959 - 104th General Assembly
INC TX-WELCOME HOME CREDIT
Last Action
Senate Sponsors
Sen. Erica Harriss, John F. Curran, Sally J. Turner, Chris Balkema, Craig Wilcox, Donald P. DeWitte, Darby A. Hills, Jil Tracy, Jason Plummer and Seth LewisStatutes Amended In Order of Appearance
35 ILCS 5/246 new
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 |
| 2/24/2026 | Senate | Assigned to Revenue |
| 3/03/2026 | Senate | Added as Co-Sponsor Sen. John F. Curran |
| 3/04/2026 | Senate | Added as Co-Sponsor Sen. Sally J. Turner |
| 3/04/2026 | Senate | Added as Co-Sponsor Sen. Chris Balkema |
| 3/05/2026 | Senate | Added as Co-Sponsor Sen. Craig Wilcox |
| 3/05/2026 | Senate | Added as Co-Sponsor Sen. Donald P. DeWitte |
| 3/05/2026 | Senate | Added as Co-Sponsor Sen. Darby A. Hills |
| 3/05/2026 | Senate | Added as Co-Sponsor Sen. Jil Tracy |
| 3/06/2026 | Senate | Added as Co-Sponsor Sen. Jason Plummer |
| 3/10/2026 | Senate | Added as Co-Sponsor Sen. Seth Lewis |
| 3/13/2026 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2026 |