IL HB3448

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act to modify filing and payment procedures under Section 6.

Eliminates requirement to file copies of Illinois transfer tax returns with county treasurers prior to July 1, 2012, and with the State Treasurer for payments made on or after July 1, 2012.

Requires all Illinois transfer tax returns to be filed only with the Attorney General, while payments are directed to county treasurers (before July 1, 2012) or the State Treasurer (on or after July 1, 2012).

Maintains that transfer tax due dates and installment payment schedules follow federal transfer tax requirements, with interest rates determined under Illinois law.

Specifies that county treasurers and the State Treasurer must accept payments regardless of whether they have received the corresponding tax return copy.