Illinois · 104th session
Status: In committee
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.
Rule 3-9(a) / Re-referred to Assignments (2026-05-22)