HB4202 - 104th General Assembly

ESTATE TAX-EXCLUSION AMT
Last Action
1/14/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Norine K. Hammond
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. Increases the exclusion amount from $4,000,000 to $12,060,000 for persons dying on or after January 1, 2027. Effective immediately.
Actions
Date Chamber Action
11/14/2025 House Filed with the Clerk by Rep. Norine K. Hammond
1/14/2026 House First Reading
1/14/2026 House Referred to Rules Committee