ESTATE TAX-FARM PROPERTY
- Introduced Feb 8, 2023
- In committee Feb 8, 2023
- Died
- Passed the House
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, the person's adjusted taxable estate shall not include the value of the decedent's ownership interest in qualified farm property. Provides that certain donations must be made to food banks for property to be considered qualified farm property. Effective immediately.
Every action
20 steps, oldest first, as the legislature records them.
Show the 12 earlier steps
- SenateFiled with Secretary by Sen. David Koehler
- SenateFirst Reading
- CommitteeReferred to Assignments · Senate Assignments
- CommitteeAssigned to Revenue · Senate Revenue
- SenateAdded as Co-Sponsor Sen. Dale Fowler
- CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
- CommitteeRe-assigned to Revenue · Senate Revenue
- SenateRule 2-10 Committee Deadline Established As March 31, 2023
- SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. David Koehler
- CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments
- CommitteeSenate Committee Amendment No. 1 Assignments Refers to Revenue · Senate Assignments
- SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. David Koehler
- CommitteeSenate Committee Amendment No. 2 Referred to Assignments · Senate Assignments
- CommitteeSenate Committee Amendment No. 2 Assignments Refers to Revenue · Senate Assignments
- CommitteeSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments · Senate Assignments
- CommitteeSenate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments · Senate Assignments
- CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
- SenateAdded as Co-Sponsor Sen. Christopher Belt
- SenateAdded as Co-Sponsor Sen. Sally J. Turner
- SenateSession Sine Die
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it, joined by 3 cosponsors: 2 Republicans, 1 Democrat.
-
David KoehlerD Primary sponsor · District 46
All 3 cosponsors
From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.