Bill Sponsors: IL HB1576 | 2023-2024 | 103rd 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, 2024 (currently, $4,000,000). Effective immediately.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee [HB1576 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Adam Niemerg [R]PrimarySponsored BillsHD-102FollowTheMoneyBallotpediaVoteSmart
Representative Chris Miller [R]CosponsorSponsored BillsHD-101FollowTheMoneyBallotpediaVoteSmart
Representative Mike Coffey [R]CosponsorSponsored BillsHD-095FollowTheMoneyBallotpediaN/A

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