Illinois General Assembly - Bill Status for SB1742
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 Bill Status of SB1742  102nd General Assembly


Short Description:  ESTATE TAX-EXCLUSION AMOUNT

Senate Sponsors
Sen. Scott M. Bennett - John F. Curran

Last Action
DateChamber Action
  1/13/2021SenateSession 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, 2020, the exclusion amount shall be the applicable exclusion amount under the Internal Revenue Code. Effective immediately.

Actions 
DateChamber Action
  2/15/2019SenateFiled with Secretary by Sen. Scott M. Bennett
  2/15/2019SenateFirst Reading
  2/15/2019SenateReferred to Assignments
  2/27/2019SenateAssigned to Revenue
  3/6/2019SenateTo Subcommittee on Tax Exemptions and Credits
  3/7/2019SenateAdded as Chief Co-Sponsor Sen. John F. Curran
  3/22/2019SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2021SenateSession Sine Die

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