SB1734 — INC TX-STANDARD EXEMPTION
Last action — Added as Chief Co-Sponsor Sen. Chris Balkema
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 05, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
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.
Bill Text
We don't have the full text on file for this bill yet.
Read SB1734 on the official Illinois source →Action History
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Added as Chief Co-Sponsor Sen. Chris Balkema
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Sponsor Removed Sen. Chris Balkema
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Added as Co-Sponsor Sen. Chris Balkema
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Li Arellano, Jr.
Sponsors
- Jr. Li Arellano · Primary
- Chris Balkema · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 181 not signed on
Sponsors (1)
- Li Arellano, Jr. Republican
Co-sponsors (1)
- Chris Balkema Republican
Not signed on (181)
181 members have not signed on to this bill.
Show all 181 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB1734 do?
- 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.
- Who sponsors SB1734 ?
- SB1734 is sponsored by Li Arellano, Jr. (Republican) and Chris Balkema (Republican).
- What is the current status of SB1734 ?
- This bill has been introduced in the Senate. Introduced February 05, 2025. It must pass committee before a floor vote.
- Where can I track SB1734 ?
- Track SB1734 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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