Illinois Senate bill in Session 104.
Status: in_committee. Latest action: June 2, 2025.
INC TX-STANDARD EXEMPTION.
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2025, the additional standard exemption for taxpayers who have attained the age of 65 before the end of the taxable year and their spouses is $2,000 (currently, $1,000). Effective immediately.
| Date | Event | Detail |
|---|---|---|
| 2025-02-05 | Introduced | Bill introduced |
| 2025-06-02 | Status | in_committee |
| 2025-06-02 | Latest Action | 6/02/2025 - Senate: |