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HB 2601

Illinois - Session 104

House of Representatives in_committee 2025-03-21
Bill Details

Title: ESTATE TAX-EXCLUSION AMT

Summary

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount to $8,000,000 for persons dying on or after January 1, 2026 (currently, $4,000,000). Effective immediately.

Sponsor
Adam M. Niemerg
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-02-06 Introduced Bill introduced
2025-03-21 Status in_committee
2025-03-21 Latest Action 3/21/2025 - House:
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