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<xml>
<title>Illinois General Assembly - Bill Status for HB 1392   </title>
<shortdesc>INHERITANCE TAXES-REINSTATE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Larry McKeon</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</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. 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.</SynopsisText><synopsistitle>Fiscal Note (Office of the Attorney General)</synopsistitle>
<SynopsisText>There is no fiscal impact.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Larry McKeon</action>
<statusdate>2/6/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/11/2003</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/28/2003</statusdate><chamber>House</chamber><action>Fiscal Note Filed</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

