IllinoisSB3848104th General Assembly (2025–2026)Senate

INC TX-INSURANCE DEDUCTION

Sponsored By: John F. Curran (Republican)

In Committee

Summary

Amends the Illinois Income Tax Act. Creates an income tax deduction in an amount equal to the difference between (i) the homeowner's insurance premiums paid on the taxpayer's principal residence during the calendar year that begins during the taxable year for which the deduction is claimed and (ii) the homeowner's insurance premiums paid on the taxpayer's principal residence during the immediately preceding calendar year. Provides that the deduction applies only if the taxpayer has the same principal residence for the entirety of the current taxable year and the immediately preceding taxable year. Provides that, if 2 or more taxpayers are liable for the payment of homeowner's insurance on the same residence during a taxable year, only one such taxpayer may claim a deduction for that single property. Effective immediately.

assignmentsrevenue

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • John F. Curran

    Republican • Senate

Cosponsors

  • Chris Balkema

    Republican • Senate

  • Craig Wilcox

    Republican • Senate

  • Darby A. Hills

    Republican • Senate

  • Dave Syverson

    Republican • Senate

  • Donald P. DeWitte

    Republican • Senate

  • Erica Harriss

    Republican • Senate

  • Jil Tracy

    Republican • Senate

  • Paul Jacobs

    Republican • Senate

  • Seth Lewis

    Republican • Senate

  • Sue Rezin

    Republican • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Co-Sponsor Sen. Donald P. DeWitte

    9/21/2026Senate
  2. Added as Co-Sponsor Sen. Paul Jacobs

    9/2/2026Senate
  3. Added as Co-Sponsor Sen. Erica Harriss

    7/13/2026Senate
  4. Added as Co-Sponsor Sen. Dave Syverson

    7/9/2026Senate
  5. Added as Co-Sponsor Sen. Sue Rezin

    7/6/2026Senate
  6. Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  7. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

    5/15/2026Senate
  8. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  9. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  10. Added as Co-Sponsor Sen. Seth Lewis

    3/10/2026Senate
  11. Added as Co-Sponsor Sen. Chris Balkema

    3/9/2026Senate
  12. Added as Co-Sponsor Sen. Jil Tracy

    3/5/2026Senate
  13. Added as Co-Sponsor Sen. Darby A. Hills

    3/5/2026Senate
  14. Added as Co-Sponsor Sen. Craig Wilcox

    3/5/2026Senate
  15. Assigned to Revenue

    2/24/2026Senate
  16. Referred to Assignments

    2/6/2026Senate
  17. First Reading

    2/6/2026Senate
  18. Filed with Secretary by Sen. John F. Curran

    2/6/2026Senate

Bill Text

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