Bill Status of SB0140  103rd General Assembly

Short Description:  ESTATE TAX-REPEAL

Senate Sponsors
Sen. Jil Tracy - Jason Plummer, Dave Syverson, Win Stoller, Andrew S. Chesney, Craig Wilcox, Sally J. Turner and Neil Anderson

Last Action
DateChamber Action
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 405/2from Ch. 120, par. 405A-2
35 ILCS 405/3from Ch. 120, par. 405A-3
35 ILCS 405/4from Ch. 120, par. 405A-4


Synopsis As Introduced
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date. Effective immediately.

Actions 
DateChamber Action
  1/24/2023SenateFiled with Secretary by Sen. Jil Tracy
  1/24/2023SenateFirst Reading
  1/24/2023SenateReferred to Assignments
  1/31/2023SenateAssigned to Revenue
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments
  3/28/2023SenateAdded as Co-Sponsor Sen. Dave Syverson
  3/29/2023SenateAdded as Chief Co-Sponsor Sen. Jason Plummer
  3/29/2023SenateAdded as Co-Sponsor Sen. Win Stoller
  3/30/2023SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
  4/17/2023SenateAdded as Co-Sponsor Sen. Craig Wilcox
  7/18/2023SenateAdded as Co-Sponsor Sen. Sally J. Turner
  1/26/2024SenateAdded as Co-Sponsor Sen. Neil Anderson