Votes: IL HB0255 | 2009-2010 | 96th General Assembly
Bill Title: 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.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2009-07-13 - Public Act . . . . . . . . . 96-0034 [HB0255 Detail]
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2009-07-13 - Public Act . . . . . . . . . 96-0034 [HB0255 Detail]
Text: Latest bill text (Enrolled) [HTML]
Voting Records
Chamber | Vote | Date | Yea | Nay | NV | Abs | Total | Result | Source | View |
---|---|---|---|---|---|---|---|---|---|---|
House | Concurrence in House | 2009-05-21 | 86 | 30 | 1 | 0 | 117 | Passed | Link | View |
Senate | Third Reading in Senate | 2009-05-20 | 43 | 11 | 0 | 0 | 54 | Passed | Link | View |
House | Third Reading in House | 2009-03-24 | 112 | 1 | 0 | 0 | 113 | Passed | Link | View |