SB3787 - 104th General Assembly (2025-2026)

ESTATE TAX-EXCLUSION AMOUNT
Last Action
2/05/2026 - Senate: Referred to Assignments
Statutes Amended In Order of Appearance
35 ILCS 405/2  from Ch. 120, par. 405A-2
Synopsis As Introduced
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2027, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Code as that Section exists on the effective date of the amendatory Act, including the inflation adjustment and including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately.
Actions
DateChamberAction
2/05/2026SenateFiled with Secretary by Sen. Jil Tracy
2/05/2026SenateFirst Reading
2/05/2026SenateReferred to Assignments
2/27/2026SenateAdded as Co-Sponsor Sen. Jason Plummer
3/02/2026SenateAdded as Co-Sponsor Sen. Erica Harriss
3/03/2026SenateAdded as Co-Sponsor Sen. Dale Fowler
3/03/2026SenateAdded as Co-Sponsor Sen. Sally J. Turner
3/03/2026SenateAdded as Co-Sponsor Sen. John F. Curran
3/03/2026SenateAdded as Co-Sponsor Sen. Dave Syverson
3/04/2026SenateAdded as Co-Sponsor Sen. Neil Anderson
3/04/2026SenateAdded as Co-Sponsor Sen. Seth Lewis
3/05/2026SenateAdded as Co-Sponsor Sen. Craig Wilcox
3/10/2026SenateAdded as Co-Sponsor Sen. Donald P. DeWitte