INC TX-STANDARD EXEMPTION House SponsorsRep. Kelly M. Burke 1/7/2025HouseSession Sine Die 35 ILCS 5/204from Ch. 120, par. 2-204 Amends the Illinois Income Tax Act. Provides that, for taxable years ending before December 31, 2028 (currently, December 31, 2023), when calculating the standard exemption, the basic amount shall be $2,050 plus a specified cost-of-living adjustment. Effective immediately. 2/16/2023HouseFiled with the Clerk by Rep. Kelly M. Burke 2/16/2023HouseFirst Reading 2/16/2023HouseReferred to Rules Committee 2/28/2023HouseAssigned to Revenue & Finance Committee 3/2/2023HouseTo Revenue-Income Tax Subcommittee 3/10/2023HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die