2023-2024 Regular SessionIllinois Legislature

SB0140: ESTATE TAX-REPEAL

Legislative Summary

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.

Bill History

1/24/2023
Filed with Secretary by Sen. Jil Tracy
Senate
1/24/2023
First Reading
Senate
1/24/2023
Referred to Assignments
Senate
1/31/2023
Assigned to Revenue
Senate
3/10/2023
Rule 3-9(a) / Re-referred to Assignments
Senate
3/28/2023
Added as Co-Sponsor Sen. Dave Syverson
Senate
3/29/2023
Added as Chief Co-Sponsor Sen. Jason Plummer
Senate
3/29/2023
Added as Co-Sponsor Sen. Win Stoller
Senate
3/30/2023
Added as Co-Sponsor Sen. Andrew S. Chesney
Senate
4/17/2023
Added as Co-Sponsor Sen. Craig Wilcox
Senate
7/18/2023
Added as Co-Sponsor Sen. Sally J. Turner
Senate
1/26/2024
Added as Co-Sponsor Sen. Neil Anderson
Senate
9/25/2024
Added as Co-Sponsor Sen. John F. Curran
Senate

Status Information

Current Status
Introduced(1/24/2023)
Chamber
Senate
Committee
Assignments(Senate)

Documents

Introduced
Bill Text1/24/202332.2 KB