CON AMEND REVENUE

Proposes to amend the Revenue Article of the Illinois Constitution. Provides that no estate tax or generation-skipping transfer tax shall be imposed by the State in excess of the aggregate amounts that may be allowed to be credited upon or deducted from any similar tax imposed by the United States. Provides that the General Assembly may impose an estate tax or a generation-skipping transfer tax only so long as and during the time that an estate tax or generation-skipping transfer tax is imposed by the United States against Illinois citizens. Effective upon being declared adopted.