Illinois legislation · 104th General Assembly
Illinois SB3848: INC TX-INSURANCE DEDUCTION
Status: Introduced, September 21, 2026
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.
What the bill says
A bill FOR SB3848 LRB104 17210 HLH 30630 b AN ACT concerning revenue.
From the introduced text, February 6, 2026:
A BILL FOR SB3848 LRB104 17210 HLH 30630 b AN ACT concerning revenue. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5. The Illinois Income Tax Act is amended by changing Section 203 as follows: (35 ILCS 5/203) (from Ch. 120, par. 2-203) Sec. 203. Base income defined. (a) Individuals. (1) In general. In the case of an individual, base income means an amount equal to the taxpayer's adjusted gross income for the taxable year as modified by paragraph (2). (2) Modifications. The adjusted gross income referred to in paragraph (1) shall be modified by adding thereto the sum of the following amounts: (A) An amount equal to all amounts paid or accrued to the taxpayer as interest or dividends during the taxable year to the extent excluded from gross income in the computation of adjusted gross income, except stock dividends of qualified public utilities described in Section 305(e) of the Internal Revenue Code; (B) An amount equal to the amount of tax imposed by SB3848 - 2 - LRB104 17210 HLH 30630 b this Act to the extent deducted from gross income in the computation of adjusted gross income for the taxable year; (C) An amount equal to the amount received during the taxable year as a recovery or refund …
Sponsors
- John F. Curran (R, 41) · primary sponsor
- Craig Wilcox (R, 32)
- Darby A. Hills (R, 26)
- Jil Tracy (R, 50)
- Chris Balkema (R, 53)
- Seth Lewis (R, 24)
- Sue Rezin (R, 38)
- Dave Syverson (R, 35)
- Erica Harriss (R, 56)
- Paul Jacobs (R, 118)
- Donald P. DeWitte (R, 33)
Latest actions
- : Added as Co-Sponsor Sen. Donald P. DeWitte
- : Added as Co-Sponsor Sen. Paul Jacobs
- : Added as Co-Sponsor Sen. Erica Harriss
- : Added as Co-Sponsor Sen. Dave Syverson
- : Added as Co-Sponsor Sen. Sue Rezin
- : Rule 3-9(a) / Re-referred to Assignments
- : Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
- : Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
- : Rule 2-10 Committee Deadline Established As April 24, 2026
- : Added as Co-Sponsor Sen. Seth Lewis
Subjects: ILCS 35 - Revenue
Common questions
- What is SB3848?
- SB3848 is a bill in the Illinois Legislature (104th General Assembly): INC TX-INSURANCE DEDUCTION.
- What does SB3848 do?
- In its own words: A bill FOR SB3848 LRB104 17210 HLH 30630 b AN ACT concerning revenue.
- What is the status of SB3848?
- Introduced as of September 21, 2026. Latest action: Added as Co-Sponsor Sen. Donald P. DeWitte (September 21, 2026).
- Who sponsored SB3848?
- John F. Curran (R, 41), with 10 co-sponsors.
- Where is the official record for SB3848?
- On the Illinois Legislature website: https://www.ilga.gov/Legislation/BillStatus?DocNum=3848&GAID=18&DocTypeID=SB&SessionID=114
Source: official Illinois record. Tracked by Delilah, AI for legislation across all 50 states and Congress.