HB2865 — ESTATE TAX-PHASE OUT
Last action — Rule 19(a) / Re-referred to Rules Committee
-
1Introduced
-
2In Committee
-
3Passed House
-
4Passed Senate
-
5To Executive
-
6Enacted
This bill has been introduced in the House. Introduced February 05, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that the amount of the taxes imposed under the Act shall be reduced in each year by 20%. Provides that no tax shall be imposed under the Act for persons dying on or after January 1, 2030 or for transfers occurring on or after January 1, 2030. Provides that the Act is repealed on January 1, 2031. Effective immediately.
Bill Text
We don't have the full text on file for this bill yet.
Read HB2865 on the official Illinois source →Action History
-
Rule 19(a) / Re-referred to Rules Committee
-
Added Co-Sponsor Rep. Charles Meier
-
Added Co-Sponsor Rep. Michael J. Coffey, Jr.
-
To Tax Policy: Other Taxes Subcommittee
-
Assigned to Revenue & Finance Committee
-
Referred to Rules Committee
-
First Reading
-
Filed with the Clerk by Rep. Joe C. Sosnowski
Sponsors
- Joe C. Sosnowski · Primary
- Jr. Michael J. Coffey · Cosponsor
- Charles Meier · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 2 co-sponsors · 180 not signed on
Sponsors (1)
- Joe C. Sosnowski Republican
Co-sponsors (2)
- Michael J. Coffey, Jr. Republican
- Charles Meier Republican
Not signed on (180)
180 members have not signed on to this bill.
Show all 180 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HB2865 do?
- Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that the amount of the taxes imposed under the Act shall be reduced in each year by 20%. Provides that no tax shall be imposed under the Act for persons dying on or after January 1, 2030 or for transfers occurring on or after January 1, 2030. Provides that the Act is repealed on January 1, 2031. Effective immediately.
- Who sponsors HB2865 ?
- HB2865 is sponsored by Joe C. Sosnowski (Republican), Michael J. Coffey, Jr. (Republican), and Charles Meier (Republican).
- What is the current status of HB2865 ?
- This bill has been introduced in the House. Introduced February 05, 2025. It must pass committee before a floor vote.
- Where can I track HB2865 ?
- Track HB2865 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on HB2865
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of HB2865
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →