IllinoisHB4202104th General Assembly (2025–2026)House

ESTATE TAX-EXCLUSION AMT

Sponsored By: Norine K. Hammond (Republican)

In Committee

Summary

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, 2027. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Norine K. Hammond

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/27/2026House
  2. Assigned to Revenue & Finance Committee

    3/18/2026House
  3. Referred to Rules Committee

    1/14/2026House
  4. First Reading

    1/14/2026House
  5. Filed with the Clerk by Rep. Norine K. Hammond

    11/14/2025House

Bill Text

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