Illinois · House Bill 12 · 104th General Assembly
ESTATE TX-EXCLUSION AMOUNT
- Introduced Dec 4, 2024
- In committee Jan 9, 2025
- Passed the House Next
- Passed the Senate
- 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. Increases the exclusion amount from $4,000,000 to $6,000,000 for persons dying on or after January 1, 2026. Effective immediately.
Every action
9 steps, oldest first, as the legislature records them.
- HousePrefiled with Clerk by Rep. Dave Severin
- HouseFirst Reading
- CommitteeReferred to Rules Committee · House Rules
- HouseAdded Co-Sponsor Rep. Tony M. McCombie
- CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
- HouseAdded Co-Sponsor Rep. Jay Hoffman
- CommitteeTo Tax Policy: Other Taxes Subcommittee · House Tax Policy: Other Taxes Subcommitte
- CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
- HouseAdded Co-Sponsor Rep. Regan Deering
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it, joined by 3 cosponsors: 2 Republicans, 1 Democrat.
-
Dave SeverinR Primary sponsor · District 116
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.