Illinois General Assembly - Bill Status for HB2594

Synopsis As Introduced
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 Code, including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately.

Actions

Date	Chamber	Action
2/15/2023	House	Filed with the Clerk by Rep. Chris Miller
2/15/2023	House	First Reading
2/15/2023	House	Referred to Rules Committee
2/23/2023	House	Assigned to Revenue & Finance Committee
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee
3/12/2024	House	Assigned to Revenue & Finance Committee
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee

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