ESTATE TAX-MANUFACTURING

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2027, the State tax credit shall be calculated as though the decedent's federal taxable estate did not include the decedent's business interest in a manufacturing business located in this State. Defines "manufacturing business". Effective immediately.

Every action

12 steps, oldest first, as the legislature records them.

1. Jan 29, 2026SenateFiled with Secretary by Sen. Jil Tracy
2. Jan 29, 2026SenateFirst Reading
3. Jan 29, 2026CommitteeReferred to Assignments · Senate Assignments
4. Mar 2, 2026SenateAdded as Co-Sponsor Sen. Erica Harriss
5. Mar 3, 2026SenateAdded as Co-Sponsor Sen. Dale Fowler
6. Mar 3, 2026SenateAdded as Co-Sponsor Sen. Sally J. Turner
7. Mar 3, 2026SenateAdded as Co-Sponsor Sen. John F. Curran
8. Mar 3, 2026SenateAdded as Co-Sponsor Sen. Dave Syverson
9. Mar 4, 2026SenateAdded as Co-Sponsor Sen. Neil Anderson
10. Mar 4, 2026SenateAdded as Co-Sponsor Sen. Seth Lewis
11. Mar 10, 2026SenateAdded as Co-Sponsor Sen. Donald P. DeWitte
12. May 14, 2026SenateAdded as Co-Sponsor Sen. Terri Bryant

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 9 cosponsors: 9 Republicans.

• Jil TracyR Primary sponsor · District 50