IllinoisHB5506104th General Assembly (2025–2026)House

INC TX-BEGINNING FARMER

Sponsored By: Sonya M. Harper (Democratic)

In Committee

Summary

Amends the Illinois Income Tax Act. Creates an income tax credit for an owner of an agricultural asset that sells or rents that agricultural asset to a beginning farmer. Sets forth the amount of the credit. Creates an income tax credit for a beginning farmer who participates in a financial management program approved by the Department of Agriculture. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Sonya M. Harper

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Rules Committee

    2/13/2026House
  2. First Reading

    2/13/2026House
  3. Filed with the Clerk by Rep. Sonya M. Harper

    2/6/2026House

Bill Text

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