Bill Status of HB 406   95th General Assembly


Short Description:  ESTATE TAX-RE-LINK TO FEDERAL

House Sponsors
Rep. Jack D. Franks-Sidney H. Mathias-Michael Tryon-Ed Sullivan, Jr.

Last Action  View All Actions

DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 405/2from Ch. 120, par. 405A-2

Synopsis As Introduced
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying after June 30, 2007 (now, December 31, 2009), the "State tax credit" is the amount of the federal credit for state tax allowable under the Internal Revenue Code. Effective immediately.

Actions 
DateChamber Action
  1/24/2007HouseFiled with the Clerk by Rep. Jack D. Franks
  1/26/2007HouseFirst Reading
  1/26/2007HouseReferred to Rules Committee
  1/31/2007HouseAssigned to Revenue Committee
  2/6/2007HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  2/8/2007HouseAdded Chief Co-Sponsor Rep. Michael Tryon
  3/22/2007HouseAdded Chief Co-Sponsor Rep. Ed Sullivan, Jr.
  3/23/2007HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2009HouseSession Sine Die

Back To Top