HB 406 Illinois House · 95th Regular Session

ESTATE TAX-RE-LINK TO FEDERAL

Summary
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying after June 30, 2007 (now, December 31, 2009), the "State tax credit" is the amount of the federal credit for state tax allowable under the Internal Revenue Code. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2007
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2007 Last action Jan 13, 2009
Floor votes

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Full legislative history

Actions timeline

Total actions
9
Key actions
0
Committee
3
Jan 13, 2009
House · Failed
Session Sine Die
Mar 23, 2007
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Jan 31, 2007
House · Referred to committee
Assigned to Revenue Committee
Jan 26, 2007
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Jack D. Franks
Jack D. Franks
DDemocratic
IL
63