OBAMA. 35 ILCS 5/204 from Ch. 120, par. 2-204 Amends the Illinois Income Tax Act. Increases the basic amount of the standard exemption to $2,000 for taxable years ending on or after December 31, 1999 (now, $1,650 for taxable year 1999 and $2,000 for taxable year 2000 and thereafter). Effective immediately. 99-02-17 S FIRST READING 99-02-17 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-18 S ASSIGNED TO COMMITTEE REVENUE 99-03-04 S TO SUBCOMMITTEE 99-03-04 S COMMITTEE REVENUE 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary