ESTATE TAX-EXCLUSION AMOUNT Senate SponsorsSen. Tom Bennett 1/7/2025SenateSession 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, 2024, 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. 2/8/2023SenateFiled with Secretary by Sen. Tom Bennett 2/8/2023SenateFirst Reading 2/8/2023SenateReferred to Assignments 2/14/2023SenateAssigned to Revenue 3/10/2023SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die