SB747Introduced in the Senate
Income tax, state; first-time homebuyer tax credit.
Introduced by Todd Pillion, District 6
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Individual income tax; first-time homebuyer tax credit. Creates a one-time, nonrefundable individual income tax credit in taxable years 2026 through 2030 for the purchase of a principal residence by a first-time homebuyer, as such terms are defined in the bill, in an amount equal to $5,000. The bill requires that any credits be repaid if the principal residence is sold or no longer serves as the first-time homebuyer's principal residence within three years from the purchase date of such property.
Where it stands
Continued to next session in Finance and Appropriations (10-Y 4-N)
January 28, 2026
How did lawmakers vote?
SenateStage: Continued to next session in Finance and Appropriations (10-Y 4-N) · January 28, 2026
10
Yes
4
No
1
Absent or Not Voting
15 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Mark Obenshain | 2 | No |
| Todd Pillion | 6 | No |
| Creigh Deeds | 11 | Yes |
| Louise Lucas | 18 | Yes |
| Aaron Rouse | 22 | Yes |
| Mamie Locke | 23 | Yes |
| Richard Stuart | 25 | No |
| Ryan McDougle | 26 | No |
| Bryce Reeves | 28 | Absent |
| Jeremy McPike | 29 | Yes |
Bill history
Presented and ordered printed 26105180D
Referred to Committee on Finance and Appropriations
Fiscal Impact statement From TAX (1/26/2026 11:04 pm)
Continued to next session in Finance and Appropriations (10-Y 4-N)
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.