Bill Sponsors: IL SB1742 | 2019-2020 | 101st General Assembly

Bill Title: 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 under the Internal Revenue Code. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Failed) 2021-01-13 - Session Sine Die [SB1742 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Scott Bennett [D]PrimarySponsored BillsSD-052FollowTheMoneyBallotpediaVoteSmart
Senator John Curran [R]CosponsorSponsored BillsSD-041FollowTheMoneyBallotpediaVoteSmart

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