Illinois General Assembly - Bill Status for HB2993

Synopsis As Introduced
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.

Actions

Date	Chamber	Action
2/16/2023	House	Filed with the Clerk by Rep. Norine K. Hammond
2/16/2023	House	First Reading
2/16/2023	House	Referred to Rules Committee
2/28/2023	House	Assigned to Revenue & Finance Committee
3/9/2023	House	To Revenue - Tax Credit and Incentives Subcommittee
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee
1/23/2024	House	Added Co-Sponsor Rep. Tony M. McCombie
3/18/2024	House	Added Co-Sponsor Rep. Michael J. Coffey, Jr.

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