SB3543 - 104th General Assembly

ESTATE TAX-INTEREST ON REFUNDS
Last Action
2/05/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Chapin Rose
Statutes Amended In Order of Appearance
35 ILCS 405/13from Ch. 120, par. 405A-13
Synopsis As Introduced
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that interest shall be paid upon any refund resulting from the overpayment of tax under the Act at the rate set forth under the Uniform Penalty and Interest Act if the overpayment is not refunded within the later of 30 days after the last date prescribed for the filing of a return under the Act or 30 days after the date of the overpayment.
Actions
Date Chamber Action
2/05/2026 Senate Filed with Secretary by Sen. Chapin Rose
2/05/2026 Senate First Reading
2/05/2026 Senate Referred to Assignments