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, 2022 (currently, $1,000). Effective immediately.
Sponsorship: Partisan Bill (Republican 16)
Status: (Introduced - Dead) 2022-03-10 - Added as Co-Sponsor Sen. Chapin Rose
[SB4161 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
|---|
| Introduced | 2022-02-09 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Illinois SB4161 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois SB4161 currently on file. |
