<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 330          </title>
<shortdesc>INC TX-STANDARD EXEMPT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Sue Rezin, Sally J. Turner-Jason Plummer, Dave Syverson, Erica Harriss and Win Stoller</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/204</reference><aliasreference>from Ch. 120, par. 2-204</aliasreference><SynopsisText>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.</SynopsisText></synopsis>
<actions>
<statusdate>2/2/2023</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Sue Rezin</action>
<statusdate>2/2/2023</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/2/2023</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/28/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Sally J. Turner</action>
<statusdate>3/28/2023</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jason Plummer</action>
<statusdate>3/28/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dave Syverson</action>
<statusdate>3/29/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Erica Harriss</action>
<statusdate>3/29/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Win Stoller</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

