INCOME TAX-DEPENDENT EXEMPTION House SponsorsRep. Jack D. Franks-Mary E. Flowers-Patricia Bailey-Paul D. Froehlich 1/11/2005HouseSession Sine Die 35 ILCS 5/204from Ch. 120, par. 2-204 Amends the Illinois Income Tax Act. Provides that, for taxable years ending on or after December 31, 2003, an individual taxpayer is allowed an exemption amount equal to twice the basic amount for non-spouse dependents.Fiscal Note (Illinois Department of Revenue) The Department estimates that this legislation could decrease the State's revenues by $210 million per year. There would also be some cost to the Department for revising forms, instructions and procedures and to train employees. 1/17/2003HouseFiled with the Clerk by Rep. Jack D. Franks 1/23/2003HouseFirst Reading 1/23/2003HouseReferred to Rules Committee 1/29/2003HouseAssigned to Revenue Committee 1/30/2003HouseAdded Chief Co-Sponsor Rep. Mary E. Flowers 1/30/2003HouseAdded Chief Co-Sponsor Rep. Patricia Bailey 2/5/2003HouseFiscal Note Filed 2/21/2003HouseAdded Chief Co-Sponsor Rep. Paul D. Froehlich 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die