INC TX-WELCOME HOME CREDIT

What it does

The legislature's own summary of the bill, or its official long title.

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.

Every action

20 steps, oldest first, as the legislature records them.

1. Mar 10, 2026SenateAdded as Co-Sponsor Sen. Seth Lewis
2. Mar 13, 2026SenateRule 2-10 Committee Deadline Established As April 24, 2026
3. Apr 24, 2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
4. May 15, 2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
5. May 22, 2026CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
6. Jul 6, 2026SenateAdded as Co-Sponsor Sen. Sue Rezin
7. Jul 9, 2026SenateAdded as Co-Sponsor Sen. Dave Syverson
8. Sep 2, 2026SenateAdded as Co-Sponsor Sen. Paul Jacobs

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 12 cosponsors: 12 Republicans.

• Erica HarrissR Primary sponsor · District 56