IL SB3425

Doubles the additional standard exemption for Illinois taxpayers age 65 and older from $1,000 to $2,000, effective for taxable years beginning on or after January 1, 2026

Applies the same $2,000 increased exemption to qualifying spouses of taxpayers who are 65 or older when filing separately

Amends Section 204 of the Illinois Income Tax Act (35 ILCS 5/204)

Takes effect immediately upon becoming law

Introduced by Sen. Sue Rezin on February 4, 2026