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 Bill Status of SB2837  98th General Assembly


Short Description:  ESTATE TAX-EXCLUSION AMOUNT

Senate Sponsors
Sen. Jason A. Barickman - Dale A. Righter

Last Action
DateChamber Action
  1/13/2015SenateSession 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, 2015, the exclusion amount shall be the applicable exclusion amount provided in the Internal Revenue Code, including the adjustment for inflation and any applicable deceased spousal unused exclusion amount.

Actions 
DateChamber Action
  1/30/2014SenateFiled with Secretary by Sen. Jason A. Barickman
  1/30/2014SenateFirst Reading
  1/30/2014SenateReferred to Assignments
  1/30/2014SenateAdded as Chief Co-Sponsor Sen. Dale A. Righter
  2/11/2014SenateAssigned to Revenue
  2/20/2014SenateTo Subcommittee on Special Issues (RV)
  3/20/2014SenatePostponed - Revenue; Subcommittee on Special Issues
  3/28/2014SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2015SenateSession Sine Die

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