Illinois legislation · 104th General Assembly
Illinois SB3787: ESTATE TAX-EXCLUSION AMOUNT
Status: Introduced, June 26, 2026
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.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB3787Introduced 2/5/2026, by Sen. Jil TracySYNOPSIS AS INTRODUCED: ILCS 405/2from Ch. 120, par. 405A-2 35 ILCS 405/2 from Ch. 120, par. 405A-2 ILCS 405/2 from Ch. 120, par…
From the introduced text, February 5, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB3787Introduced 2/5/2026, by Sen. Jil TracySYNOPSIS AS INTRODUCED: ILCS 405/2from Ch. 120, par. 405A-2 35 ILCS 405/2 from Ch. 120, par. 405A-2 ILCS 405/2 from Ch. 120, par. 405A-2 Amends the Illinois Estate and Generation-Skipping Transfer Tax Act.Provides that, for persons dying on or after January 1, 2027, the exclusionamount shall be the applicable exclusion amount calculated under Section2010 of the Internal Revenue Code as that Section exists on the effectivedate of the amendatory Act, including the inflation adjustment andincluding any deceased spousal unused exclusion amount (currently, theexclusion amount for Illinois estate tax purposes is $4,000,000).Effective immediately. LRB104 19171 HLH 32616 b LRB104 19171 HLH 32616 b LRB104 19171 HLH 32616 b A BILL FOR SB3787LRB104 19171 HLH 32616 b SB3787 LRB104 19171 HLH 32616 b SB3787 LRB104 19171 HLH 32616 b AN ACT concerning revenue. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5.The Illinois Estate and Generation-Skipping Transfer Tax Act is amended by changing Section 2 as follows: (35 ILCS 405/2)(from Ch. 120, par. 405A-2) Sec. 2.Definitions.[ADDED: In this Act:] "Federal estate tax" means the tax due to the United States with respect to a taxable transfer under Chapter 11 of the Internal Revenue Code. "Federal generation-skipping transfer …
Sponsors
- Jil Tracy (R, 50) · primary sponsor
- Jason Plummer (R, 55)
- Erica Harriss (R, 56)
- Dale Fowler (R, 59)
- Sally J. Turner (R, 44)
- John F. Curran (R, 41)
- Dave Syverson (R, 35)
- Neil Anderson (R, 47)
- Seth Lewis (R, 24)
- Craig Wilcox (R, 32)
- Donald P. DeWitte (R, 33)
- Chris Balkema (R, 53)
Latest actions
- : Added as Co-Sponsor Sen. Chris Balkema
- : Added as Co-Sponsor Sen. Donald P. DeWitte
- : Added as Co-Sponsor Sen. Craig Wilcox
- : Added as Co-Sponsor Sen. Seth Lewis
- : Added as Co-Sponsor Sen. Neil Anderson
- : Added as Co-Sponsor Sen. Dave Syverson
- : Added as Co-Sponsor Sen. John F. Curran
- : Added as Co-Sponsor Sen. Sally J. Turner
- : Added as Co-Sponsor Sen. Dale Fowler
- : Added as Co-Sponsor Sen. Erica Harriss
Subjects: ILCS 35 - Revenue
Common questions
- What is SB3787?
- SB3787 is a bill in the Illinois Legislature (104th General Assembly): ESTATE TAX-EXCLUSION AMOUNT.
- What does SB3787 do?
- In its own words: A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB3787Introduced 2/5/2026, by Sen. Jil TracySYNOPSIS AS INTRODUCED: ILCS 405/2from Ch. 120, par. 405A-2 35 ILCS 405/2 from Ch. 120, par. 405A-2 ILCS 405/2 from Ch. 120, par…
- What is the status of SB3787?
- Introduced as of June 26, 2026. Latest action: Added as Co-Sponsor Sen. Chris Balkema (June 26, 2026).
- Who sponsored SB3787?
- Jil Tracy (R, 50), with 11 co-sponsors.
- Where is the official record for SB3787?
- On the Illinois Legislature website: https://www.ilga.gov/Legislation/BillStatus?DocNum=3787&GAID=18&DocTypeID=SB&SessionID=114
Source: official Illinois record. Tracked by Delilah, AI for legislation across all 50 states and Congress.