ESTATE TAX-EXCLUSION AMT
Summary
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount to $8,000,000 for persons dying on or after January 1, 2026 (currently, $4,000,000). Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2025
Last action Mar 21, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
4
Mar 21, 2025
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 6, 2025
Lower · Passed
To Tax Policy: Other Taxes Subcommittee
lower
Mar 4, 2025
Committee
Assigned to Revenue & Finance Committee
lower
Feb 6, 2025
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Adam Niemerg
RRepublican
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