ESTATE TAX-EXCLUSION AMT House SponsorsRep. Dave Vella 1/7/2025HouseSession Sine Die 35 ILCS 405/2from Ch. 120, par. 405A-2 Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, the exclusion amount is the greater of $12,900,000 or the applicable exclusion amount calculated under specified provisions of the Internal Revenue Code. Provides that the exclusion amount includes any deceased spousal unused exclusion amount available after a valid election is made under the Internal Revenue Code. Effective immediately. 7/31/2023HouseFiled with the Clerk by Rep. Dave Vella 10/18/2023HouseFirst Reading 10/18/2023HouseReferred to Rules Committee 1/31/2024HouseAssigned to Revenue & Finance Committee 3/8/2024HouseTo Revenue-Income Tax Subcommittee 4/5/2024HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die