INC TX-STANDARD EXEMPTION Senate SponsorsSen. Sue Rezin 1/7/2025SenateSession Sine Die 35 ILCS 5/204from Ch. 120, par. 2-204Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2024, the additional standard exemption for taxpayers who have attained the age of 65 before the end of the taxable year and their spouses is $2,000 (currently, $1,000). Effective immediately. 1/10/2024SenateFiled with Secretary by Sen. Sue Rezin 1/10/2024SenateFirst Reading 1/10/2024SenateReferred to Assignments 1/31/2024SenateAssigned to Revenue 3/15/2024SenateRule 2-10 Committee Deadline Established As April 5, 2024 4/5/2024SenateRule 2-10 Committee Deadline Established As May 3, 2024 5/3/2024SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die