INC TX-STANDARD EXEMPTION

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Illinois Income Tax Act. Removes a provision that sets forth the basic amount of the standard exemption for taxable years ending on or after December 31, 2023 and prior to December 31, 2024, and restores the cost-of-living adjustment for the basic amount that had been operative before the effective date of Public Act 103-9. Amends the Illinois Administrative Procedure Act to provide for emergency rulemaking. Effective immediately.

Every action

8 steps, oldest first, as the legislature records them.

1. Feb 7, 2024HouseFiled with the Clerk by Rep. Amy Elik
2. Feb 8, 2024HouseFirst Reading
3. Feb 8, 2024CommitteeReferred to Rules Committee · House Rules
4. Mar 5, 2024CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
5. Mar 8, 2024CommitteeTo Revenue-Income Tax Subcommittee · House Income Tax Subcommittee
6. Apr 5, 2024CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
7. Apr 19, 2024HouseAdded Chief Co-Sponsor Rep. Patrick Sheehan
8. Jan 7, 2025HouseSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Republican.

• Amy ElikR Primary sponsor · District 111