Bill Texts: IL HB2993 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount from $4,000,000 to $12,060,000 for persons dying on or after January 1, 2024. Effective immediately.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2024-03-18 - Added Co-Sponsor Rep. Michael J. Coffey, Jr. [HB2993 Detail]

Bill Drafts

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Introduced2023-02-16HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB2993

Supplemental Documents

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No supplemental documents for Illinois HB2993 currently on file.

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