90th General Assembly
Status of SB1089
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SEVERNS.

   35 ILCS 5/204             from Ch. 120, par. 2-204                          

        Amends the Illinois Income Tax  Act.   Provides  that  the  basic      
   amount   for   individual   taxpayers,   the   additional  amount  for      
   individuals,  and  the  amounts  of  the  additional  exemptions   for      
   taxpayers  or  taxpayer's  spouses who are 65 years of age or older or      
   are blind  shall  be  subject  to  annual  adjustments  equal  to  the      
   percentage  of  increase in the previous calendar year in the Consumer      
   Price Index for All Urban Consumers for all  items  published  by  the      
   United  States  Department  of  Labor.  Requires  those  amounts to be      
   increased at the same percentage as an increase in the amount  of  the      
   income  tax.   Exempts the increases in the exemptions from the sunset      
   provisions in the Act.                                                      
   97-02-07  S  FIRST READING                                                  
   97-02-07  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   97-02-19  S       ASSIGNED TO COMMITTEE               REVENUE               
   97-03-06  S                                 POSTPONED                       
   97-03-06  S                   COMMITTEE               REVENUE               
   97-03-15  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   99-01-12  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary