91st General Assembly Summary of HB1158    [ Home ]   [ Back ]   [ Legislation ]

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House Sponsors:
PARKE.

Short description: 
INC TX-BASIC EXEMPTION AMOUNT                                              

Synopsis of Bill as introduced:
        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.               
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 


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