· IL legislature · 104th

ESTATE TAX INFLATION FIX

Specifies that the amendatory Act may be referred to as the Estate Tax Threshold Fix Law. Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2026 and prior to January 1, 2028, the exclusion amount shall be the applicable exclusion amount calcu…

Sponsor

Ryan Spain (R-IL)

Introduced

2025-01-24

Policy area

Taxation

Latest action

Added Co-Sponsor Rep. Kyle Moore