IL HB0255 | 2009-2010 | 96th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on July 13 2009 - 100% progression
Action: 2009-07-13 - Public Act . . . . . . . . . 96-0034
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on July 13 2009 - 100% progression
Action: 2009-07-13 - Public Act . . . . . . . . . 96-0034
Text: Latest bill text (Enrolled) [HTML]
Summary
Amends the Illinois Estate and Generation-Skipping Transfer Tax. Provides that the State tax credit for the estates of persons dying after December 31, 2005 and on or before December 31, 2009 includes a reduction for qualified terminable interest property. Provides that the trustee of a trust for which a QTIP election is made may not retain non-income producing assets for more than a reasonable amount of time without the consent of the surviving spouse. Effective immediately.
Title
ESTATE AND GST TAX-QTIP
Sponsors
| Rep. Louis Lang [D] |
Roll Calls
2009-05-21 - House - Concurrence in House (Y: 86 N: 30 NV: 1 Abs: 0) [PASS]
2009-05-20 - Senate - Third Reading in Senate (Y: 43 N: 11 NV: 0 Abs: 0) [PASS]
2009-03-24 - House - Third Reading in House (Y: 112 N: 1 NV: 0 Abs: 0) [PASS]
2009-05-20 - Senate - Third Reading in Senate (Y: 43 N: 11 NV: 0 Abs: 0) [PASS]
2009-03-24 - House - Third Reading in House (Y: 112 N: 1 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2009-07-13 | Public Act . . . . . . . . . 96-0034 | |
| 2009-07-13 | Effective Date July 13, 2009 | |
| 2009-07-13 | Governor Approved | |
| 2009-06-30 | Sent to the Governor | |
| 2009-06-29 | Passed Both Houses | |
| 2009-06-29 | Motion Withdrawn Rep. Lou Lang | |
| 2009-05-22 | Motion Filed to Reconsider Vote Rep. Lou Lang | |
| 2009-05-22 | House Concurs 086-030-001; SA 1,3 | |
| 2009-05-21 | Senate Floor Amendment No. 3 House Concurs 086-030-001 | |
| 2009-05-21 | Senate Floor Amendment No. 1 House Concurs 086-030-001 | |
| 2009-05-21 | Chief Sponsor Changed to Rep. Lou Lang | |
| 2009-05-21 | Remove Chief Co-Sponsor Rep. Lou Lang | |
| 2009-05-21 | Remove Chief Co-Sponsor Rep. Thomas Holbrook | |
| 2009-05-21 | Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Executive Committee; 010-000-000 | |
| 2009-05-21 | Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Executive Committee; 010-000-000 | |
| 2009-05-21 | Added Chief Co-Sponsor Rep. Lou Lang | |
| 2009-05-21 | Chief Sponsor Changed to Rep. Michael J. Madigan | |
| 2009-05-20 | Remove Chief Co-Sponsor Rep. William B. Black | |
| 2009-05-20 | Remove Chief Co-Sponsor Rep. Patricia R. Bellock | |
| 2009-05-20 | Remove Chief Co-Sponsor Rep. Elizabeth Coulson | |
| 2009-05-20 | Senate Floor Amendment No. 3 Motion to Concur Rules Referred to Executive Committee | |
| 2009-05-20 | Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Executive Committee | |
| 2009-05-20 | Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee | |
| 2009-05-20 | Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee | |
| 2009-05-20 | Senate Floor Amendment No. 3 Motion Filed Concur Rep. Elaine Nekritz | |
| 2009-05-20 | Senate Floor Amendment No. 1 Motion Filed Concur Rep. Elaine Nekritz | |
| 2009-05-20 | Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 3 | |
| 2009-05-20 | Arrived in House | |
| 2009-05-20 | Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a) | |
| 2009-05-20 | Third Reading - Passed; 047-012-000 | |
| 2009-05-20 | Added as Alternate Chief Co-Sponsor Sen. Donne E. Trotter | |
| 2009-05-20 | Placed on Calendar Order of 3rd Reading | |
| 2009-05-20 | Senate Floor Amendment No. 3 Adopted; Cullerton | |
| 2009-05-20 | Senate Floor Amendment No. 1 Adopted; Cullerton | |
| 2009-05-20 | Recalled to Second Reading | |
| 2009-05-20 | Senate Floor Amendment No. 3 Be Approved for Consideration Assignments | |
| 2009-05-20 | Senate Floor Amendment No. 3 Referred to Assignments | |
| 2009-05-20 | Senate Floor Amendment No. 3 Filed with Secretary by Sen. John J. Cullerton | |
| 2009-05-20 | Sponsor Removed Sen. Tim Bivins | |
| 2009-05-20 | Senate Floor Amendment No. 2 Referred to Assignments | |
| 2009-05-20 | Senate Floor Amendment No. 2 Filed with Secretary by Sen. John J. Cullerton | |
| 2009-05-20 | Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 012-000-000 | |
| 2009-05-20 | Senate Floor Amendment No. 1 Assignments Refers to Executive | |
| 2009-05-20 | Senate Floor Amendment No. 1 Referred to Assignments | |
| 2009-05-20 | Senate Floor Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton | |
| 2009-05-20 | Alternate Chief Sponsor Changed to Sen. John J. Cullerton | |
| 2009-05-07 | Placed on Calendar Order of 3rd Reading May 12, 2009 | |
| 2009-05-07 | Second Reading | |
| 2009-04-30 | Placed on Calendar Order of 2nd Reading May 5, 2009 | |
| 2009-04-30 | Do Pass Revenue; 008-000-000 | |
| 2009-04-22 | Added as Alternate Chief Co-Sponsor Sen. Tim Bivins | |
| 2009-04-22 | Assigned to Revenue | |
| 2009-03-26 | Referred to Assignments | |
| 2009-03-26 | First Reading | |
| 2009-03-25 | Chief Senate Sponsor Sen. Don Harmon | |
| 2009-03-25 | Placed on Calendar Order of First Reading March 26, 2009 | |
| 2009-03-25 | Arrive in Senate | |
| 2009-03-24 | Added Chief Co-Sponsor Rep. Patricia R. Bellock | |
| 2009-03-24 | Added Chief Co-Sponsor Rep. William B. Black | |
| 2009-03-24 | Third Reading - Short Debate - Passed 112-001-000 | |
| 2009-03-24 | Fiscal Note Filed | |
| 2009-03-18 | Placed on Calendar Order of 3rd Reading - Short Debate | |
| 2009-03-18 | Second Reading - Short Debate | |
| 2009-03-12 | Added Chief Co-Sponsor Rep. Thomas Holbrook | |
| 2009-03-12 | Placed on Calendar 2nd Reading - Short Debate | |
| 2009-03-12 | Do Pass / Short Debate Revenue & Finance Committee; 013-000-000 | |
| 2009-03-12 | Remains in Revenue & Finance Committee | |
| 2009-03-12 | Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000 | |
| 2009-03-03 | Added Chief Co-Sponsor Rep. Elizabeth Coulson | |
| 2009-02-04 | Assigned to Revenue & Finance Committee | |
| 2009-01-20 | Referred to Rules Committee | |
| 2009-01-20 | First Reading | |
| 2009-01-20 | Filed with the Clerk by Rep. Elaine Nekritz |
