HB2368 — ESTATE TAX-COMPUTATION
Last action — Motion to Suspend Rule 21 - Prevailed 005-000-000
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1Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill has been introduced in the House. Introduced January 31, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Introduced
Current position in the legislative process.
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3 sponsors
1 primary, 2 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (2 D · 1 R) — cross-party backing.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2026, the amount of the Illinois estate tax shall be the amount of the Illinois taxable estate, multiplied by the Illinois estate tax rate. Sets forth the estate tax rate. Provides that the "Illinois taxable estate" means the decedent's federal gross estate, subject to certain modifications, including a deduction in the amount of $4,000,000. Makes conforming changes with respect to the generation-skipping transfer tax. Effective immediately.
Bill Text
We don't have the full text on file for this bill yet.
Read HB2368 on the official Illinois source →Action History
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Motion to Suspend Rule 21 - Prevailed 005-000-000
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Motion Filed to Suspend Rule 21 Rules Committee; Rep. Bob Morgan
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Rule 19(a) / Re-referred to Rules Committee
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Removed Co-Sponsor Rep. Michael J. Coffey, Jr.
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Added Co-Sponsor Rep. Michael J. Coffey, Jr.
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Added Co-Sponsor Rep. Eva-Dina Delgado
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Added Co-Sponsor Rep. Wayne A. Rosenthal
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To Tax Credit and Incentives Subcommittee
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Assigned to Revenue & Finance Committee
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Referred to Rules Committee
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First Reading
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Filed with the Clerk by Rep. Margaret Croke
Sponsors
- Margaret Croke · Primary
- Wayne A. Rosenthal · Cosponsor
- Eva-Dina Delgado · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 2 co-sponsors · 180 not signed on
Sponsors (1)
- Margaret Croke Democrat
Co-sponsors (2)
- Wayne A. Rosenthal Republican
- Eva-Dina Delgado Democrat
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 HB2368 do?
- Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2026, the amount of the Illinois estate tax shall be the amount of the Illinois taxable estate, multiplied by the Illinois estate tax rate. Sets forth the estate tax rate. Provides that the "Illinois taxable estate" means the decedent's federal gross estate, subject to certain modifications, including a deduction in the amount of $4,000,000. Makes conforming changes with respect to the generation-skipping transfer tax. Effective immediately.
- Who sponsors HB2368 ?
- HB2368 is sponsored by Margaret Croke (Democrat), Wayne A. Rosenthal (Republican), and Eva-Dina Delgado (Democrat).
- What is the current status of HB2368 ?
- This bill has been introduced in the House. Introduced January 31, 2025. It must pass committee before a floor vote.
- Where can I track HB2368 ?
- Track HB2368 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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