ESTATE TAX-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. Provides that, for persons dying on or after January 1, 2026, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Code, including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately.
Every action
6 steps, oldest first, as the legislature records them.
- HousePrefiled with Clerk by Rep. Chris Miller
- HouseFirst Reading
- CommitteeReferred to Rules Committee · House Rules
- CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
- CommitteeTo Income Tax Subcommittee · House Income Tax Subcommittee
- CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
-
Chris MillerR Primary sponsor · District 101
From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.