estate tax

On government reform, the caucus is backing legislation to require voter identification cards for individuals without acceptable photo ID, as well as a proposal aimed at increasing transparency in how taxpayer dollars are distributed to non-governmental organizations. #legislation #bills #politics

With one of the lowest state estate tax thresholds in the country, Samuel Karnick, senior fellow at The Heartland Institute, warns Illinois’ outdated estate tax continues to threaten the future of generational farms, even as the federal government moves to ease the burden. #tax

Niemerg has introduced legislation (HB 5230) to double the exemption from $4 million to $8 million, but the bill was never even assigned to a legislative committee for a hearing.