Illinois General Assembly - Bill Status for SB0330
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 Bill Status of SB0330  103rd General Assembly

Short Description:  INC TX-STANDARD EXEMPT

Senate Sponsors
Sen. Sue Rezin - Jason Plummer, Sally J. Turner, Dave Syverson, Erica Harriss and Win Stoller

Last Action
DateChamber Action
  2/2/2023SenateReferred to Assignments

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 the additional standard exemption for taxpayers who have attained the age of 65 before the end of the taxable year and spouses of such taxpayers is $2,000 for taxable years beginning on or after January 1, 2024 (currently, $1,000). Effective immediately.

DateChamber Action
  2/2/2023SenateFiled with Secretary by Sen. Sue Rezin
  2/2/2023SenateFirst Reading
  2/2/2023SenateReferred to Assignments
  3/28/2023SenateAdded as Co-Sponsor Sen. Sally J. Turner
  3/28/2023SenateAdded as Chief Co-Sponsor Sen. Jason Plummer
  3/28/2023SenateAdded as Co-Sponsor Sen. Dave Syverson
  3/29/2023SenateAdded as Co-Sponsor Sen. Erica Harriss
  3/29/2023SenateAdded as Co-Sponsor Sen. Win Stoller

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