Loading chat...

IL HB2404

Bill

Official Source

Status

Introduced

2/13/2019

Primary Sponsor

Ryan Spain

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

HB2404 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.

  • Amends the Illinois Estate and Generation-Skipping Transfer Tax Act by modifying Sections 2, 3, and 4 to eliminate tax obligations for covered transfers.

  • Takes effect immediately upon becoming law.

Legislative Description

ESTATE TAX-REPEAL

Last Action

Rule 19(a) / Re-referred to Rules Committee

3/29/2019

Committee Referrals

Rules3/29/2019
Sales, Amusement & Other Taxes3/6/2019
Revenue & Finance2/26/2019
Rules2/13/2019

Full Bill Text

No bill text available