Bill Status of SB3425

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SB3425 - 104th General Assembly

INC TX-STANDARD EXEMPTION
Last Action
2/17/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Sue Rezin
Statutes Amended In Order of Appearance
35 ILCS 5/204from Ch. 120, par. 2-204
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2026, the additional standard exemption for taxpayers who have attained the age of 65 before the end of the taxable year and their spouses is $2,000 (currently, $1,000). Effective immediately.
Actions
Date Chamber Action
2/04/2026 Senate Filed with Secretary by Sen. Sue Rezin
2/04/2026 Senate First Reading
2/04/2026 Senate Referred to Assignments
2/17/2026 Senate Assigned to Revenue