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HB5747 - 104th General Assembly
INC TX-CHILD WAIVER
Last Action
Statutes Amended In Order of Appearance
35 ILCS 5/202from Ch. 120, par. 2-202
35 ILCS 5/253 new
Synopsis As Introduced
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.
Actions
| Date | Chamber | Action |
|---|---|---|
| 4/21/2026 | House | Filed with the Clerk by Rep. Martin McLaughlin |
| 4/21/2026 | House | First Reading |
| 4/21/2026 | House | Referred to Rules Committee |
| 4/23/2026 | House | Added Co-Sponsor Rep. Kevin Schmidt |