Illinois Code | Chapter 35 Article 405 Section 2 | Scheduled

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ILHB0012Intro
25%
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount from $4,000,000 to $6,000,000 for persons dying on or after January 1, 2026. Effective immediately.
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2025-02-07
[Hearing: Feb 20 @ 8:00 am]
To House Revenue & Finance Committee
ILHB0016Intro
25%
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2026, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Cod...
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2025-02-04
[Hearing: Feb 20 @ 8:00 am]
To House Revenue & Finance Committee
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