<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 140          </title>
<shortdesc>ESTATE TAX-REPEAL</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jil Tracy, Dave Syverson-Jason Plummer, Win Stoller, Andrew S. Chesney, Craig Wilcox, Sally J. Turner, Neil Anderson and John F. Curran</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</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><reference>35 ILCS 405/3</reference><aliasreference>from Ch. 120, par. 405A-3</aliasreference><reference>35 ILCS 405/4</reference><aliasreference>from Ch. 120, par. 405A-4</aliasreference><SynopsisText>Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/24/2023</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jil Tracy</action>
<statusdate>1/24/2023</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/24/2023</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/31/2023</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/10/2023</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>3/28/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dave Syverson</action>
<statusdate>3/29/2023</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jason Plummer</action>
<statusdate>3/29/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Win Stoller</action>
<statusdate>3/30/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Andrew S. Chesney</action>
<statusdate>4/17/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Craig Wilcox</action>
<statusdate>7/18/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Sally J. Turner</action>
<statusdate>1/26/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Neil Anderson</action>
<statusdate>9/25/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. John F. Curran</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

