IllinoisHB0012104th General Assembly (2025–2026)House

ESTATE TX-EXCLUSION AMOUNT

Sponsored By: Dave Severin (Republican)

In Committee

Summary

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, 2026. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Dave Severin

    Republican • House

Cosponsors

  • Jay Hoffman

    Democratic • House

  • Regan Deering

    Republican • House

  • Tony M. McCombie

    Republican • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added Co-Sponsor Rep. Regan Deering

    9/21/2026House
  2. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  3. To Tax Policy: Other Taxes Subcommittee

    2/25/2025House
  4. Added Co-Sponsor Rep. Jay Hoffman

    2/7/2025House
  5. Assigned to Revenue & Finance Committee

    2/4/2025House
  6. Added Co-Sponsor Rep. Tony M. McCombie

    1/15/2025House
  7. Referred to Rules Committee

    1/9/2025House
  8. First Reading

    1/9/2025House
  9. Prefiled with Clerk by Rep. Dave Severin

    12/4/2024House

Bill Text

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