Illinois House Bill 2601: ESTATE TAX-EXCLUSION AMT

Illinois · 104th session

What it does

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount to $8,000,000 for persons dying on or after January 1, 2026 (currently, $4,000,000). Effective immediately.

Latest action

Rule 19(a) / Re-referred to Rules Committee (2025-03-21)

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