Illinois House of Representatives bill in Session 104.
Status: in_committee. Latest action: March 21, 2025.
ESTATE TAX-EXCLUSION AMT.
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.
| Date | Event | Detail |
|---|---|---|
| 2025-02-06 | Introduced | Bill introduced |
| 2025-03-21 | Status | in_committee |
| 2025-03-21 | Latest Action | 3/21/2025 - House: |