104th General Assembly
HB 4772
Estate tax-federal exclusion
Estate Tax-Federal Exclusion
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. Provides that, for persons dying on or after January 1, 2027, the exclusion amount for purposes of the Act is the applicable exclusion amount set forth in Section 2010 of the Internal Revenue Code. Effective immediately.
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