Bill Sponsors: IL HB2993 | 2023-2024 | 103rd General Assembly
Bill Title: 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, 2024. Effective immediately.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced) 2024-03-18 - Added Co-Sponsor Rep. Michael J. Coffey, Jr. [HB2993 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced) 2024-03-18 - Added Co-Sponsor Rep. Michael J. Coffey, Jr. [HB2993 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Representative Norine Hammond [R] | Primary | Sponsored Bills | HD-094 | FollowTheMoney | Ballotpedia | VoteSmart |
| Representative Tony McCombie [R] | Cosponsor | Sponsored Bills | HD-089 | FollowTheMoney | Ballotpedia | VoteSmart |
| Representative Mike Coffey [R] | Cosponsor | Sponsored Bills | HD-095 | FollowTheMoney | Ballotpedia | N/A |
