104th General Assembly
HB 4202
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, 2027. Effective immediately.
Sponsors
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Primary sponsor
Norine K. Hammond
HouseIL
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