Bill Texts: IL HB5753 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2019, if the decedent's taxable estate contains a farm, the exclusion amount shall be the applicable exclusion amount under Section 2010 of the Internal Revenue Code. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB5753 Detail]

Bill Drafts

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Introduced2018-02-16HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB5753

Supplemental Documents

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No supplemental documents for Illinois HB5753 currently on file.

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