Bill Status of SB 2776   99th General Assembly

Short Description:  ESTATE TAX-EXCLUSION AMOUNT

Senate Sponsors
Sen. Pamela J. Althoff and Jim Oberweis

Last Action  View All Actions

DateChamber Action
  1/10/2017SenateSession 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 on or after January 1, 2017, the exclusion amount shall be the applicable exclusion amount under the Internal Revenue Code. Effective immediately.

Actions 
DateChamber Action
  2/17/2016SenateFiled with Secretary by Sen. Pamela J. Althoff
  2/17/2016SenateFirst Reading
  2/17/2016SenateReferred to Assignments
  3/1/2016SenateAdded as Co-Sponsor Sen. Jim Oberweis
  3/1/2016SenateAssigned to Revenue
  3/10/2016SenateTo Subcommittee on Special Issues (RV)
  4/8/2016SenateRule 2-10 Committee Deadline Established As April 22, 2016
  4/22/2016SenateRule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016
  5/13/2016SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2017SenateSession Sine Die

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