HB4772 - 104th General Assembly
ESTATE TAX-FEDERAL EXCLUSION
Last Action
Statutes Amended In Order of Appearance
35 ILCS 405/2from Ch. 120, par. 405A-2
Synopsis As Introduced
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2027, the exclusion amount for purposes of the Act is the applicable exclusion amount set forth in Section 2010 of the Internal Revenue Code. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/02/2026 | House | Filed with the Clerk by Rep. Jay Hoffman |
| 2/06/2026 | House | First Reading |
| 2/06/2026 | House | Referred to Rules Committee |
| 3/18/2026 | House | Assigned to Revenue & Finance Committee |
| 3/27/2026 | House | Rule 19(a) / Re-referred to Rules Committee |
