INC TX-WELCOME HOME CREDIT
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2026
Last action Jul 9, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
19
Key actions
1
Committee
4
May 22, 2026
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 13, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2026
upper
Feb 24, 2026
Committee
Assigned to Revenue
upper
Feb 6, 2026
Committee
Referred to Assignments
upper
1 primary · 11 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Erica Harriss
RRepublican
Co
Chris Balkema
RRepublican
Co
Craig Wilcox
RRepublican
Co
Darby Hills
RRepublican
Co
Dave Syverson
RRepublican
Co
Don DeWitte
RRepublican
Co
Jason Plummer
RRepublican
Co
Jil Tracy
RRepublican
Co
John Curran
RRepublican
Co
Sally Turner
RRepublican
Co
Seth Lewis
RRepublican
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