ESTATE TAX-EXCLUSION AMOUNT Senate SponsorsSen. Chuck Weaver, Paul Schimpf and Jason A. Barickman 1/13/2021SenateSession Sine Die 35 ILCS 405/2from Ch. 120, par. 405A-2Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2020, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Code, including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately. 2/15/2019SenateFiled with Secretary by Sen. Chuck Weaver 2/15/2019SenateFirst Reading 2/15/2019SenateReferred to Assignments 2/27/2019SenateAssigned to Revenue 3/6/2019SenatePostponed - Revenue 3/22/2019SenateRule 2-10 Committee Deadline Established As March 28, 2019 3/26/2019SenateAdded as Co-Sponsor Sen. Paul Schimpf 3/28/2019SenateAdded as Co-Sponsor Sen. Jason A. Barickman 3/28/2019SenateRule 3-9(a) / Re-referred to Assignments 1/13/2021SenateSession Sine Die