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<xml>
<title>Illinois General Assembly - Bill Status for HB 5230         </title>
<shortdesc>ESTATE TAX-EXCLUSION AMT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Adam Niemerg, David Friess, Steven Reick, Joe Sosnowski, Dan Caulkins, Thomas Morrison, Patrick Windhorst, Blaine Wilhour, Brad Halbrook and Chris Miller</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 405/2</reference><aliasreference>from Ch. 120, par. 405A-2</aliasreference><SynopsisText>     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, 2023 (currently, $4,000,000). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/27/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Adam Niemerg</action>
<statusdate>1/31/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/9/2022</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/15/2022</statusdate><chamber>House</chamber><action>To Sales, Amusement, &amp; Other Taxes Subcommittee</action>
<statusdate>2/18/2022</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>10/6/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. David Friess</action>
<statusdate>10/7/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Steven Reick</action>
<statusdate>10/11/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Joe Sosnowski</action>
<statusdate>10/11/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dan Caulkins</action>
<statusdate>10/21/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Thomas Morrison</action>
<statusdate>11/1/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patrick Windhorst</action>
<statusdate>11/1/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Blaine Wilhour</action>
<statusdate>11/1/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Brad Halbrook</action>
<statusdate>11/1/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chris Miller</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

