baking powder Baking powder is a mixture of one or more acidic salts and baking soda, an alkali. These two compounds react when they get wet and release carbon dioxide gas bubbles. These, in turn, cause baked goods to rise. Baking powder is perishable.
An Illinois Court held that the Illinois statutory rate of 9% interest is to be applied to the amounts due on a mortgage loan after foreclosure judgment is entered and before the foreclosure sale is confirmed.
The maximum estate tax rate for Illinois is 16%. The federal estate tax rate is 40%. Illinois does not recognize portability for surviving spouses. Under the federal estate tax system, a surviving spouse can elect to take advantage of any unused portion of the estate tax exemption of his or her predeceased spouse.