<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2776         </title>
<shortdesc>ESTATE TAX-EXCLUSION AMOUNT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Pamela J. Althoff and Jim Oberweis</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>Senate</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. Provides that, for persons dying on or after January 1, 2017, the exclusion amount shall be the applicable exclusion amount under the Internal Revenue Code. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/17/2016</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Pamela J. Althoff</action>
<statusdate>2/17/2016</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/17/2016</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/1/2016</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jim Oberweis</action>
<statusdate>3/1/2016</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/10/2016</statusdate><chamber>Senate</chamber><action>To Subcommittee on Special Issues (RV)</action>
<statusdate>4/8/2016</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 22, 2016</action>
<statusdate>4/22/2016</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016</action>
<statusdate>5/13/2016</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

