SB1734Introduced in the Senate
INC TX-STANDARD EXEMPTION
Introduced by Li Arellano, District 37
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Amends the Illinois Income Tax Act. Provides that the cost-of-living adjustment to the standard exemption applies on a permanent basis (currently, for taxable years that end on or before December 31, 2028). Effective immediately.
Where it stands
Added as Chief Co-Sponsor Sen. Chris Balkema
February 14, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Filed with Secretary by Sen. Li Arellano, Jr.
First Reading
Referred to Assignments
Added as Co-Sponsor Sen. Chris Balkema
Sponsor Removed Sen. Chris Balkema
Added as Chief Co-Sponsor Sen. Chris Balkema
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