Illinois HB2606 creates a refundable income tax credit for contributions to pregnancy resource centers.

Illinois HB2606 amends the Illinois Income Tax Act to allow a refundable credit for contributions to qualifying pregnancy resource centers. These centers must be nonprofit organizations exempt from taxation under Section 501(c) of the Internal Revenue Code and provide free assistance to pregnant women. The credit equals 50% of contributions made by the taxpayer during the taxable year. Effective for taxable years beginning on or after January 1, 2026.

Illinois HB2606 creates a refundable income tax credit for contributions to pregnancy resource centers.

Illinois HB2606 amends the Illinois Income Tax Act to allow a refundable credit for contributions to qualifying pregnancy resource centers. These centers must be nonprofit organizations exempt from taxation under Section 501(c) of the Internal Revenue Code and provide free assistance to pregnant women. The credit equals 50% of contributions made by the taxpayer during the taxable year. Effective for taxable years beginning on or after January 1, 2026.