· IL legislature · 104th

ESTATE TAX-EXCLUSION AMOUNT

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2027, 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 (currentl…

Sponsor

Dave Severin (R-IL)

Introduced

2026-02-06

Policy area

Taxation

Latest action

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