HB 4258

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Estate Tax-Exclusion

Abstract

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2019, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Code, including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately.

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Jan 08, 2019

House

Session Sine Die

Jan 16, 2018

House

Filed with the Clerk by Rep. Avery Bourne

House

First Reading

House

Referred to Rules Committee

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