Illinois General Assembly - Bill Status for HB3943
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 Bill Status of HB3943  99th General Assembly


Short Description:  ESTATE TAX-EXCLUSION AMOUNT

House Sponsors
Rep. Thomas M. Bennett - Keith R. Wheeler

Last Action
DateChamber Action
  1/10/2017HouseSession 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. Increases the exclusion amount from $4,000,000 to $6,500,000 for persons dying on or after January 1, 2016. Effective immediately.

Actions 
DateChamber Action
  2/27/2015HouseFiled with the Clerk by Rep. Thomas M. Bennett
  2/27/2015HouseFirst Reading
  2/27/2015HouseReferred to Rules Committee
  3/4/2015HouseAdded Chief Co-Sponsor Rep. Keith R. Wheeler
  3/12/2015HouseAssigned to Revenue & Finance Committee
  3/13/2015HouseTo Sales and Other Taxes Subcommittee
  3/16/2015HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Thomas M. Bennett
  3/16/2015HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/18/2015HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  3/27/2015HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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