Illinois General Assembly - Bill Status for HB2774

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for taxable years ending before December 31, 2028 (currently, December 31, 2023), when calculating the standard exemption, the basic amount shall be $2,050 plus a specified cost-of-living adjustment. Effective immediately.

Actions

Date	Chamber	Action
2/16/2023	House	Filed with the Clerk by Rep. Kelly M. Burke
2/16/2023	House	First Reading
2/16/2023	House	Referred to Rules Committee
2/28/2023	House	Assigned to Revenue & Finance Committee
3/2/2023	House	To Revenue-Income Tax Subcommittee
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee

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