IL SB0140 | 2023-2024 | 103rd General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 9-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date. Effective immediately.

Tracking Information

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Title

ESTATE TAX-REPEAL

Sponsors


History

DateChamberAction
2025-01-07SenateSession Sine Die
2024-09-25SenateAdded as Co-Sponsor Sen. John F. Curran
2024-01-26SenateAdded as Co-Sponsor Sen. Neil Anderson
2023-07-18SenateAdded as Co-Sponsor Sen. Sally J. Turner
2023-04-17SenateAdded as Co-Sponsor Sen. Craig Wilcox
2023-03-30SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
2023-03-29SenateAdded as Co-Sponsor Sen. Win Stoller
2023-03-29SenateAdded as Chief Co-Sponsor Sen. Jason Plummer
2023-03-28SenateAdded as Co-Sponsor Sen. Dave Syverson
2023-03-10SenateRule 3-9(a) / Re-referred to Assignments
2023-01-31SenateAssigned to Revenue
2023-01-24SenateReferred to Assignments
2023-01-24SenateFirst Reading
2023-01-24SenateFiled with Secretary by Sen. Jil Tracy

Code Citations

ChapterArticleSectionCitation TypeStatute Text
354052Amended CodeCitation Text
354053Amended CodeCitation Text
354054Amended CodeCitation Text

Illinois State Sources


Bill Comments

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