Bill Title: Amends the Illinois Income Tax Act. Provides that the additional standard exemption for taxpayers who have attained the age of 65 before the end of the taxable year and spouses of such taxpayers is $2,000 for taxable years beginning on or after January 1, 2024 (currently, $1,000). Effective immediately.

Spectrum: Partisan Bill (Republican 6-0)

Status: (Introduced) 2023-03-29 - Added as Co-Sponsor Sen. Win Stoller [SB0330 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2023-02-02	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB0330

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB0330 currently on file.

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