Bill > HB1900

This bill establishes a new income tax credit for caregivers in Illinois who provide unpaid care for eligible related persons. The credit applies to caregivers who are Illinois residents with a federal adjusted gross income under $75,000 (or $150,000 for joint filers) and who have incurred eligible expenditures such as home modifications, medical equipment, home care aids, respite care, transportation, and assistive technology. To qualify, the care recipient must be at least 50 years old, require assistance with at least one activity of daily living (like bathing or eating), and be a state resident who is either a relative or close associate of the caregiver. The tax credit will cover 100% of eligible expenditures, up to $500 per year, and can be carried forward for up to five years if the full credit cannot be used in a single tax year. Importantly, caregivers can only claim the credit for one eligible related person per year, and they must apply to the Department on Aging for a credit certificate. The total credits awarded annually are capped at $1,000,000 and will be distributed on a first-come, first-served basis. The bill becomes effective for taxable years beginning on or after January 1, 2026, and requires the Department of Revenue to report on the credit's usage by November 1, 2030.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1900&GAID=18&DocTypeID=HB&SessionID=114&GA=104