SB 3575

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Inc Tx-Standard Exemption

Abstract

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.

Bill Sponsors (4)

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Jul 02, 2024

Senate

Added as Co-Sponsor Sen. Sue Rezin

Jun 26, 2024

Senate

Added as Co-Sponsor Sen. Jil Tracy

Jun 11, 2024

Senate

Added as Co-Sponsor Sen. Win Stoller

May 03, 2024

Senate

Rule 3-9(a) / Re-referred to Assignments

Apr 05, 2024

Senate

Rule 2-10 Committee Deadline Established As May 3, 2024

Mar 15, 2024

Senate

Rule 2-10 Committee Deadline Established As April 5, 2024

Feb 20, 2024

Senate

Assigned to Revenue

Feb 09, 2024

Senate

Filed with Secretary by Sen. John F. Curran

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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Introduced HTML PDF

Related Documents

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Sources

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