INC TX-CHILD WAIVER House SponsorsRep. Martin McLaughlin and Kevin Schmidt 4/21/2026HouseReferred to Rules Committee 35 ILCS 5/202from Ch. 120, par. 2-20235 ILCS 5/253 new Amends the Illinois Income Tax Act. Provides that a taxpayer who (i) is a resident of Illinois, (ii) is legally domiciled in the United States, and (iii) on or after July 1, 2027, becomes a parent, either through birth or adoption, may apply to the Department of Revenue for a waiver of the taxpayer's State income taxes for the taxable year in which the child is born or the adoption of the child is finalized and for the next 2 succeeding taxable years. Provides that, if a taxpayer has been granted such a waiver, that taxpayer's net income shall be zero for each taxable year for which the waiver is in effect. 4/21/2026HouseFiled with the Clerk by Rep. Martin McLaughlin 4/21/2026HouseFirst Reading 4/21/2026HouseReferred to Rules Committee 4/23/2026HouseAdded Co-Sponsor Rep. Kevin Schmidt