HB 3561 Illinois House · 101st Regular Session

ESTATE TAX-EXCLUSION AMOUNT

Summary
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2020, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Code, including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2019 Last action Mar 29, 2019
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
4
Mar 29, 2019
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Mar 14, 2019
House · Reported by committee
To Sales, Amusement & Other Taxes Subcommittee
Mar 5, 2019
House · Referred to committee
Assigned to Revenue & Finance Committee
Feb 15, 2019
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Monica Bristow
Monica Bristow
DDemocratic
IL
111