104th General Assembly
HB 1457
Estate tax-exclusion amt
Estate Tax-Exclusion Amt
In Committee
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount from $4,000,000 to $12,060,000 for persons dying on or after January 1, 2026. Effective immediately.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Norine K. Hammond
HouseIL
Cosponsors
Bradley Fritts
HouseIL
Brandun Schweizer
HouseILRepublican
Christopher "C.D." Davidsmeyer
HouseIL
Jackie Haas
HouseILRepublican
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