· 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 is $8,000,000. Provides that, for persons dying on or after January 1, 2028, the exclusion amount shall be adjusted according to the inflation adjustment described i…

Sponsor

John Curran (R-IL)

Introduced

2026-02-06

Policy area

Taxation

Latest action

Referred to Assignments