INC TX-STANDARD EXEMPTION
Summary
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 status
in committee
1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2024
Last action Jul 2, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
2
Committee
5
May 3, 2024
Committee
Rule 3-9(a) / Re-referred to Assignments
lower
Apr 5, 2024
Lower · Passed
Rule 2-10 Committee Deadline Established As May 3, 2024
lower
Mar 15, 2024
Lower · Passed
Rule 2-10 Committee Deadline Established As April 5, 2024
lower
Feb 20, 2024
Committee
Assigned to Revenue
lower
Feb 9, 2024
Committee
Referred to Assignments
lower
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John Curran
RRepublican
Co
Jil Tracy
RRepublican
Co
Sue Rezin
RRepublican
Co
Win Stoller
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 3575
Scope: IL
Hi! I can help you understand SB 3575. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline