Comments: IL HB5230 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount to $8,000,000 for persons dying on or after January 1, 2023 (currently, $4,000,000). Effective immediately.

Sponsorship: Partisan Bill (Republican 10)

Status: (Introduced - Dead) 2022-11-01 - Added Co-Sponsor Rep. Chris Miller [HB5230 Detail]

Text: Latest bill text (Introduced) [HTML]

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