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INHERITANCE TAX. § 1. Amerids section 1, Act of 1909. § 1. Tax imposed upon transfer of property, etc. (SENATE HILL No. 326. APPROVED JUNE 28, 1919.)

AN ACT to amend an Act entitled, “An Act to law gifts, legacies, inheritances, transfers, appointments and interests in certain cases, and to provide for the collection of the same, and repealing certain Acts therein named,” approved June 14, 1909, in force July 1, 1909, as subsequently amended, by amending section 1 thereof. SECTION 1. Be it enacled by the People of the State of Illinois, represented in the General Assembly: That an Act entitled, “An Act to tax gifts, legacies, inheritances, transfers, appointments and interests in certain cases, and to proyide for the collection of the same, and repealing certain Acts therein named,” approved June 14, 1909, in force July 1, 1909, as subsequently amended, be and the same is hereby amended by amending section 1 thereof to read as follows, after the enacting clause thereof: § 1. A tax shall be and is hereby imposed upon the transfer of any property, real, personal or mixed, or of any interest therein or incoine therefrom, in trust or otherwise, to persons, institutions or corporations, not hereinafter exempted, in the following cases. 1. When the transfer is by will or by the intestate laws of this State, from any person dying, seized or possessed of the property while a resident of the State. 2. When the transfer is by will or intestate laws of property within the State, and the decedent was a non-resident of the State at the time of his death. 3. When the transfer is of property made by a resident, or by a non-resident when such non-resident’s property is within this State, by deed, grant, bargain, sale or gift, made in contemplation of the death of the grantor, vendor or donor, or intended to take effect in possession or enjoyment at or after such death. When any such person, institution or corporation becomes beneficially entitled in possession or expectancy to any property or income therefrom, by any such transfer, whether made before or after the passage of this Act. 4. Whenever any person, institution or corporation shall exerelse a power of appointment derived from any disposition of property made either before or after the passage of this Act, such appointment, When made, shall be deemed a taxable transfer under the provisions of this Act, in the same manner as though the property to which such appointment relates belonged absolutely to the donee of such power and had been bequeathed or devised by such donce by will; and whenever any Person or corporation possessing such a power of appointment so derived shall omit or fail to exercise the same within the time provided therefor, in whole or in part, a transfer taxable under the provisions of this Act shall be deemed to take place to the extent of such omisSon or failure, in the same manner as though the persons or corporations thereby becoming entitled to the possession or enjoyment of the operty to which such power related had succeeded thereto by a will of the donee of the power failing to exercise such power, taking effect at the time of such omission or failure. 5. Whenever property, real or personal, is held in the joint names of two or more persons, or is deposited in banks or other institutions of depositories in the joint names of two or more persons and payable to either or the survivor, upon the death of one of such persons tice right of the surviving joint tenant or joint tenants, person or persor--to the immediate ownership or possession and enjoyment of such property shall be deemed a transfer taxable under the provisions of this Act in the same manner as though the whole property to which such transfer relates was owned by said parties as tenants in common and had been bequeathed to the surviving joint tenant or joint tenants. Person or persons, by such deceased joint tenant or joint depositor by will. When the beneficial interests to any property or income there frolin shall pass to or for the use of any father, mother, lineal ancestor of decedent, husband, wife, child, brother or sister, wife or widow of the son or the husband of the daughter, or any child or children legally adopted, or to any person to whom the deceased, for not less than ten years prior to death, stood in the acknowledged relation of a parent : Provided, however, such relationship began at or before said person's fifteenth birthday and was continuous for said ten years thereafter: And, provided, also, that one of the parents of such person so standing in such relation shall be deceased when such relationship commenced, or to any lineal decendant of such desendent [decedent] born in lawful wedlock. In every such case the rate of tax shall be: One per cent on any amount up to and including the sum of fifty thousand dollars in excess of the exemption: Two per cent on the next one hundred thousand dollars or any part thereof: Three per cent on the next one hundred thousand dollars or any part thereof: Five per cent on the next two hundred and fifty thousand dollars or any part thereof: Seven per cent on the amount representing the balance of such individual transfer, provided, that any gift, legacy, inheritance, transfer, appointment or interest passing to a father, mother, lineal ancestor of decedent, husband, wife, child, wife or widow of the son or the husband of the daughter, or any child or children legally adopted or to any person to whom the deceased, for not less than ten years prior to death, stood in the acknowledged relation of a parent as above provided which may be valued at a less sum than twenty thousand dollars shall not be subject to any such duty or taxes and the tax is to be levied in such cases only upon the excess of twenty thousand dollars received by each person. And provided further that any gift, legacy, inheritance, transfer, appointment or interest passing to a brother, sister. which may be valued at a less sum than ten thousand dollars shall not be subject to any such duty or taxes and the tax is to be levied in such cases only upon the excess of ten thousand dollars received by each person.

When the beneficial interests to any property or income therefrom shall pass to or for the use of any uncle, aunt, niece, nephew or any lineal decendant of such uncle, aunt, niece or nephew. In every case the rate of tax shall be: Three per cent on any amount up to and including the sum of twenty thousand dollars, in excess of the exemption. Four per cent on the next fifty thousand dollars or any part thereof : Six per cent on the next one hundred thousand dollars or any part thereof: Eight per cent on the amount representing the balance of each individual transfer: Provided that any gift, legacy, inheritance, transfer, appointment or interest passing to an uncle, aunt, niece, nephew or any lineal descendant of such uncle, aunt, niece or nephew which may be valued at a less sum than five hundred dollars shall not be subject to any such duty or taxes and the tax is to be levied in such case only upon the excess of five hundred dollars received by such uncle, aunt, niece, nephew or any lineal descendant of such uncle, aunt, niece, or nephew. In all other cases the rate of tax shall be as follows: Five per cent on any amount up to and including the sum of twenty thousand dollars in excess of the exemption: Six per cent on the next thirty thousand dollars or any part thereof: Eight per cent on the next fifty thousand dollars or any part thereof: f Ten per cent on the next fifty thousand dollars or any part there(Yi : Twelve per cent on the next one hundred thousand dollars or any part thereof: Fifteen per cent on the amount representing the balance of each individual transfer; provided that any gift, legacy, inheritance, transser, appointment or interest passing to such persons which may be valued at a less sum than one hundred dollars shall not be subject to any such duty or taxes and the tax is to be levied in such cases only upon the excess of one hundred dollars received by each person. The tax imposed hereby shall be upon the clear market value of such property, at the rates hereinabove prescribed. APPROVED June 28, 1910.

LEVEES. § 1. Amends sections 1, 2 and 5, Act § 2. County clerk to extend of 1897. such “levee tax." § 1. Rate of tax limited to § 5. Tax for corporate rurtwo-thirds of one per poses not affected cent for levee pur- posed — warrants — § 2. Amends title of Act.

proviso.
(SENATE BILL No. 543. APPRoved JUNE 30, 1919.)

AN ACT to amend sections 1, 2 and 5, and the title of an Act entitled, “An Act to enable cities, villages and towns threatened with overflows or inundations to levy tares by vote of the electors thereof in ercess of two per cent to strengthen, build, raise or repair the levees around same and to issue anticipation warrants on such tares,” approved June 11, 1897, in force July 1, 1897. SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That sections 1, 2 and 5 of an Act entitled, “An Act to enable cities, villages and towns threatened with overflows or inundations to levy taxes by vote of the electors thereof in excess of two per cent to strengthen, build, raise or repair the levees around same and to issue anticipation warrants on such taxes,” approved June 11, 1897, in force July 1, 1897, be and the same are hereby amended to read as follows: § 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That when a vote has been taken, or may hereafter be taken, at a city, village or town election, resulting in a majority of the legal votes cast at such election for a tax to build, raise, strengthen or repair the levees around such city, village or town, such tax not exceeding the rate of two-thirds of one per cent per annum, to be levied annually for a period of not exceeding seven years on the taxable property of such cities, villages and towns now protected by levees or embankments, or that may be deemed necessary to protect by levees or embankments in this State, it shall be lawful for the proper city, village or town authorities of such cities, villages and towns to make an appropriation by an ordinance of the taxes so authorized and for such city, village or town authorities to pass an ordinance levying such taxes for the whole period so authorized by such vote and to be annually extended; and to draw anticipation warrants thereon to the amount that such tax levy would produce based on the assessment of the preceding year, of all the taxable property of such city, village or town, such warrants to draw interest at not to exceed the rate authorized by such vote authorizing same, not exceeding seven per cent per annum: Provided, said warrants are not sold below par. § 2. It shall be the duty of the county clerk of the county in which such city, village or town is located to annually extend each year such taxes, when an ordinance is certified to him making such levy, the same to be extended at the rate so fixed therein, not exceeding twothirds of one per cent, nor exceeding seven years, and to extend same in a separate column designated “levee tax.” § 5. Such tax so authorized shall still permit the levy of the rate authorized to be levied for corporate purposes annually.

§ 2. The title of said Act shall be and the same is hereby amended to read as follows: “An Act to enable cities, villages and towns threatened with overflows or inundations to levy taxes by vote of the electors thereof, to strengthen, build, raise or repair the levees around same and to issue anticipation warrants on such taxes.” APPRoved June 30, 1919.

LEVEES.

§ 1. Amends section 1. Act of 1913. § 1. Levees — rate of tax limited to sixty-six and two-thirds cents.

(SENATE Bill. No. 544. APPRoved JUNE 30, 1919.)

AN ACT to amend section 1 of an Act entitled, “An Act to enable cities, villages and incorporated towns subject to or threatened with overflow or inundation to construct, widen, raise, strengthen, improve, repair and maintain levees, protective embankments and structures, to levy and collect an annual tar therefor and to acquire real estate and materials for such purposes,” approved and in force June 26, 1913. SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That section one of an Act entitled, “An Act to enable cities, villages and incorporated towns subject to or threatened with overflow or inundation to construct, widen, raise, strengthen, improve, repair and maintain levees, protective embankments and structures, to levy and collect an annual tax therefor and to acquire real estate and materials for such purposes,” approved and in o June 26, 1913, be and the same is hereby amended to read as ollows: Be it enacted by the People of the State of Illinois, represented in the General Assembly: That all cities, villages and incorporated towns, whether organized under general law or special charter, and which may be subject to or in danger of or threatened with overflow or inundation from rivers or other sources, shall have power to construct, widen, raise. strengthen, improve, repair and maintain levees, protective embankments and structures and have power for any of such purposes to levy and collect annually a tax of not exceeding sixty-six and two-thirds (66 2-3) cents, on each one hundred (100) dollars of the assessed valuation of all the taxable property within their respective limits. APPROVED June 30, 1919.

LEV Y AND COLLECTION OF TAXES.

§ 1. Amends section 202. Act of 1872. § 202. No bid for penalty shall exceed ten per cent of annount of tax.

(House Bill, No. 323. Approved JUNE 30, 1919.)

AN ACT to amend section 202 of an Act entitled: “An Act for the assessment of property and for the levy and collection of tares,” approved March 30, 1872, in force July 1, 1872, as amended. SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 202 of an Act entitled:

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