Bill > HB2606

This bill amends the Illinois Income Tax Act by introducing a new "Women's Opportunity Credit" for taxpayers starting in the 2026 tax year. The bill provides a refundable tax credit equal to 50% of contributions made to qualifying pregnancy resource centers. A qualifying pregnancy resource center is defined as a nonprofit organization with tax-exempt status under Section 501(c) of the Internal Revenue Code that provides free support services to pregnant women, including pregnancy tests, ultrasounds, prenatal vitamins, maternity clothing, baby essentials (such as clothes, furniture, and car seats), housing and utility assistance, nutritional counseling, and other aid to help women carry their pregnancies to term. This tax credit aims to financially incentivize and support charitable donations to organizations that provide comprehensive assistance to pregnant women, potentially helping them maintain their pregnancies and access necessary resources during and after pregnancy.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2606&GAID=18&DocTypeID=HB&SessionID=114&GA=104