HB 2594

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Estate Tax-Exclusion Amount

Abstract

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, 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.

Bill Sponsors (1)

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Apr 05, 2024

House

Rule 19(a) / Re-referred to Rules Committee

Mar 12, 2024

House

Assigned to Revenue & Finance Committee

Mar 10, 2023

House

Rule 19(a) / Re-referred to Rules Committee

Feb 23, 2023

House

Assigned to Revenue & Finance Committee

Feb 15, 2023

House

Filed with the Clerk by Rep. Chris Miller

House

Referred to Rules Committee

House

First Reading

Bill Text

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