Bill Status of HB5080

  1. Home
  2. Legislation
  3. Bill Status

HB5080 - 104th General Assembly

INC TAX-CHILD CARE
Last Action
3/12/2026 - House: Assigned to Revenue & Finance Committee
Hearings
Revenue & Finance Committee Hearing Mar 19 2026 8:00AM Stratton Building Room D-1 Springfield, IL
Statutes Amended In Order of Appearance
35 ILCS 5/210.5
35 ILCS 5/210.10 new
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the tax credit for employee child care shall be (i) 30% of the start-up costs expended by the corporate taxpayer to provide a child care facility for the children of its employees and (ii) 10% (currently, 5%) of the annual amount paid by the corporate taxpayer in providing the child care facility for the children of its employees. Creates an income tax credit for corporate taxpayers that are qualified small businesses in an amount equal to 10% of the federal tax credit claimed by the taxpayer for the taxable year for qualified child care expenditures. Effective immediately.
Actions
Date Chamber Action
2/04/2026 House Filed with the Clerk by Rep. Mary Beth Canty
2/10/2026 House First Reading
2/10/2026 House Referred to Rules Committee
3/06/2026 House Added Chief Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
3/12/2026 House Assigned to Revenue & Finance Committee