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IL HB1454

Bill

Official Source

Status

Introduced

1/29/2019

Primary Sponsor

Avery Bourne

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

  • Repeals Illinois estate tax for persons dying on or after the effective date of this amendatory act.

  • Repeals Illinois generation-skipping transfer tax for transfers occurring on or after the effective date of this amendatory act.

  • Maintains existing estate and generation-skipping transfer tax provisions for deaths and transfers occurring before the effective date.

  • Takes effect immediately upon becoming law.

Legislative Description

ESTATE TAX-REPEAL

Last Action

Added Co-Sponsor Rep. Amy Grant

12/13/2019

Committee Referrals

Rules3/29/2019
Sales, Amusement & Other Taxes2/28/2019
Revenue & Finance2/13/2019
Rules1/29/2019

Full Bill Text

No bill text available