| IL | HB1582 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date of the amendatory Act or for transfers made on or after the effective date of th...
[Detail][Text][Discuss] | 2024-06-26
To House Rules Committee |
| IL | HB3195 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date of the amendatory Act.
[Detail][Text][Discuss] | 2024-06-26
To House Rules Committee |
| IL | HB4600 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Makes certain changes concerning estates that contain qualified farm property. Provides that, for the purposes of calculating the State Death Tax Credit, those estates are subject t...
[Detail][Text][Discuss] | 2024-05-23
To House Rules Committee |
| IL | HB1459 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Cod...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB1576 | Intro
25% | 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.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2594 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Cod...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4115 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, the exclusion amount is the greater of $12,900,000 or the applicable exclusion amount calculated under specified provis...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2993 | Intro
25% | 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.
[Detail][Text][Discuss] | 2024-03-18
To House Rules Committee |
| IL | HB3661 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that a decedent dying on or after January 1, 2024 may, in a written revocable testamentary document, allocate all or a portion of the decedent's unused exclusion amount, in...
[Detail][Text][Discuss] | 2024-03-18
To House Rules Committee |
| IL | HB4519 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024 and prior to January 1, 2026, the exclusion amount shall be the applicable exclusion amount calculated under the Interna...
[Detail][Text][Discuss] | 2024-03-18
To House Rules Committee |
| IL | HB3684 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount from $4,000,000 to $6,000,000 for persons dying on or after January 1, 2024. Effective immediately.
[Detail][Text][Discuss] | 2024-01-23
To House Rules Committee |
| IL | HB1560 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date of the amendatory Act or for transfers made on or after the effective date of th...
[Detail][Text][Discuss] | 2023-03-16
To House Rules Committee |
