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Update on IL estate tax reform

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The Illinois General Assembly continues to debate the Family Farm Preservation Act.

Senate sponsor Dave Koehler, of Peoria, tells Brownfield the bipartisan effort would ease the burden of estate taxes on Illinois family farms, but faces challenges…

“Everybody is for that because it just makes sense.”  He says, “The difficulty is going to be engaging in the appropriations process because we have less money than we had last year in terms of the budgeting process.

Update on IL estate tax reform