Monica Bristow
- Democratic
Primary
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 calculated under Section 2010 of the Internal Revenue Code, including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately.
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Rule 19(a) / Re-referred to Rules Committee
To Sales, Amusement & Other Taxes Subcommittee
Assigned to Revenue & Finance Committee
Filed with the Clerk by Rep. Monica Bristow
First Reading
Referred to Rules Committee
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| Introduced | HTML |
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