House Sponsors: WOOLARD-SCULLY-FRANKS-GARRETT-HOFFMAN AND GASH. Short description: INCOME TAX-STANDARD EXEMPTION Synopsis of Bill as introduced: Amends the Illinois Income Tax Act. Provides that for taxable years ending on or after December 31, 2000, each taxpayer shall be allowed a basic exemption amount of $3,000 (now $2,000). Exempts this amendatory change from the sunset requirements. 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 Full Text Bill Status