SB3789 - 104th General Assembly (2025-2026)

ESTATE TAX-SPOUSAL EXCLUSION
Last Action
2/05/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Jil Tracy
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, if a valid election has been made under the Internal Revenue Code allowing a person to take into account a federal deceased spousal unused exclusion amount for the purposes of calculating the person's federal estate tax, then the person's Illinois exclusion amount shall include the Illinois deceased spousal unused exclusion amount for the deceased spouse with respect to whom the federal election was made. Effective immediately.
Actions
DateChamberAction
2/05/2026SenateFiled with Secretary by Sen. Jil Tracy
2/05/2026SenateFirst Reading
2/05/2026SenateReferred to Assignments