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<xml>
<title>Illinois General Assembly - Bill Status for HB 3943         </title>
<shortdesc>ESTATE TAX-EXCLUSION AMOUNT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Thomas M. Bennett-Keith R. Wheeler</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 405/2</reference><aliasreference>from Ch. 120, par. 405A-2</aliasreference><SynopsisText>     Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount from $4,000,000 to $6,500,000 for persons dying on or after January 1, 2016. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/27/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Thomas M. Bennett</action>
<statusdate>2/27/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/27/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/4/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Keith R. Wheeler</action>
<statusdate>3/12/2015</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/13/2015</statusdate><chamber>House</chamber><action>To Sales and Other Taxes Subcommittee</action>
<statusdate>3/16/2015</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Thomas M. Bennett</action>
<statusdate>3/16/2015</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>3/18/2015</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

