House Sponsors: SCHOENBERG-LANG. Short description: INC TX-BASIC EXEMPTION AMOUNT Synopsis of Bill as introduced: Amends the Illinois Income Tax Act. Increases the basic amount of the standard exemption to $2,000 for taxable years ending on or after December 31, 1999 (now, $1,650 for taxable year 1999 and $2,000 for taxable year 2000 and thereafter). Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status