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]
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
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Representative Adam Niemerg [R] | Primary | Sponsored Bills | HD-102 | FollowTheMoney | Ballotpedia | VoteSmart |
| Representative Chris Miller [R] | Cosponsor | Sponsored Bills | HD-101 | FollowTheMoney | Ballotpedia | VoteSmart |
| Representative Mike Coffey [R] | Cosponsor | Sponsored Bills | HD-095 | FollowTheMoney | Ballotpedia | N/A |
