INC TX-STANDARD EXEMPTION
Summary
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2026, 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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2026
Last action Jun 24, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
1
Committee
4
May 22, 2026
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 13, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2026
upper
Feb 17, 2026
Committee
Assigned to Revenue
upper
Feb 4, 2026
Committee
Referred to Assignments
upper
1 primary · 1 co-sponsor
Sponsors
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