House Sponsors: SCHOENBERG. Short description: INC TAX-ADDITIONAL EXEMPTION Synopsis of Bill as introduced: Amends the Illinois Income Tax Act. Increases the basic amount standard exemption for individuals from $1,000 to $1,200 in 1998, $1,400 in 1999, $1,600 in 2000, $1,800 in 2001, and $2,000 in 2002 and thereafter. Provides that a taxpayer whose Illinois base income exceeds $1,200 in 1998, $1,400 in 1999, $1,600 in 2000, $1,800 in 2001, and $2,000 in 2002 and thereafter (now $1,000) and who is claimed as a dependent on another person's return shall not be allowed the standard exemption. Increases the additional exemption an individual taxpayer may claim for each dependent from $1,000 to $1,200 in 1998, $1,400 in 1999, $1,600 in 2000, $1,800 in 2001, and $2,000 in 2002 and thereafter. Adjusts the withholding provisions beginning with the fourth quarter of 1998. Exempts the additional exemptions from the sunset provisions. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status