Sign Up
HB 255 Illinois House · 96th Regular Session

ESTATE AND GST TAX-QTIP

Summary
Amends the Illinois Estate and Generation-Skipping Transfer Tax. Provides that the State tax credit for the estates of persons dying after December 31, 2005 and on or before December 31, 2009 includes a reduction for qualified terminable interest property. Provides that the trustee of a trust for which a QTIP election is made may not retain non-income producing assets for more than a reasonable amount of time without the consent of the surviving spouse. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Mar 2009
Committee Review
May 2009
House Passage
Jun 2009
Senate Passage
May 2009
Signed into Law
Jul 2009
Introduced Mar 25, 2009 Signed Jul 13, 2009
Floor votes · Senate May 20, 2009 · House Mar 24, 2009

How they voted

43–10
Passed
Total votes 53
May 20, 2009
D Democratic33
32 Yea 1 Nay
96% Yea
R Republican20
11 Yea 9 Nay
55% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
75
Key actions
12
Committee
17
Amendments
14
Jul 13, 2009
Signed into law
Governor Approved
lower
Jun 29, 2009
Lower · Passed
Passed Both Houses
lower
May 22, 2009
Introduced
Motion Filed to Reconsider Vote Rep. Lou Lang
lower
May 21, 2009
Introduced
Senate Floor Amendment No. 3 House Concurs 086-030-001
lower
May 21, 2009
Introduced
Senate Floor Amendment No. 1 House Concurs 086-030-001
lower
May 21, 2009
Lower · Passed
Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Executive Committee; 010-000-000
lower
May 21, 2009
Lower · Passed
Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Executive Committee; 010-000-000
lower
May 20, 2009
Committee
Senate Floor Amendment No. 3 Motion to Concur Rules Referred to Executive Committee
lower
May 20, 2009
Committee
Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Executive Committee
lower
May 20, 2009
Committee
Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee
lower
May 20, 2009
Committee
Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
lower
May 20, 2009
Introduced
Senate Floor Amendment No. 3 Motion Filed Concur Rep. Elaine Nekritz
lower
May 20, 2009
Introduced
Senate Floor Amendment No. 1 Motion Filed Concur Rep. Elaine Nekritz
lower
May 20, 2009
Introduced
Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 3
lower
May 20, 2009
Introduced
Arrived in House
lower
May 20, 2009
Amended
Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
upper
May 20, 2009
Upper · Passed
Senate Floor Amendment No. 3 Adopted; Cullerton
upper
May 20, 2009
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Cullerton
upper
May 20, 2009
Introduced
Senate Floor Amendment No. 3 Be Approved for Consideration Assignments
upper
May 20, 2009
Committee
Senate Floor Amendment No. 3 Referred to Assignments
upper
May 20, 2009
Introduced
Senate Floor Amendment No. 3 Filed with Secretary by Sen. John J. Cullerton
upper
May 20, 2009
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
May 20, 2009
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. John J. Cullerton
upper
May 20, 2009
Introduced
Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 012-000-000
upper
May 20, 2009
Introduced
Senate Floor Amendment No. 1 Assignments Refers to Executive
upper
May 20, 2009
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
May 20, 2009
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
upper
May 20, 2009
Senate · Passed
Senate Vote: pass (43-10)
senate
Apr 30, 2009
Upper · Passed
Do Pass Revenue; 008-000-000
upper
Apr 22, 2009
Committee
Assigned to Revenue
upper
Mar 26, 2009
Committee
Referred to Assignments
upper
Mar 25, 2009
Introduced
Arrive in Senate
upper
Mar 24, 2009
House · Passed
House Vote: pass (102-0-4)
house
Mar 12, 2009
Lower · Passed
Do Pass / Short Debate Revenue & Finance Committee; 013-000-000
lower
Mar 12, 2009
Lower · Passed
Remains in Revenue & Finance Committee
lower
Mar 12, 2009
Lower · Passed
Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
lower
Feb 4, 2009
Committee
Assigned to Revenue & Finance Committee
lower
Jan 20, 2009
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.