PETERSON AND CULLERTON.
35 ILCS 405/2 from Ch. 120, par. 405A-2
Amends the Illinois Estate and Generation-Skipping Transfer Tax
Act. Provides that "State tax credit" means the credit for state tax
allowable under certain provisions of the Internal Revenue Code as
computed under the federal estate tax law in effect on December 31,
2000 (now, allowable under those provisions of the Internal Revenue
Code as amended from time to time). Effective immediately.
JAN-29-2002 S FIRST READING
JAN-29-2002 S REFERRED TO SENATE RULES COMMITTEE RULES
FEB-27-2002 S ADDED AS A CO-SPONSOR CULLERTON
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary