ESTATE TAX-SPOUSAL EXCLUSION

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, 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.

Every action

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

1. Mar 3, 2026SenateAdded as Co-Sponsor Sen. Sally J. Turner
2. Mar 3, 2026SenateAdded as Co-Sponsor Sen. John F. Curran
3. Mar 3, 2026SenateAdded as Co-Sponsor Sen. Dave Syverson
4. Mar 4, 2026SenateAdded as Co-Sponsor Sen. Neil Anderson
5. Mar 4, 2026SenateAdded as Co-Sponsor Sen. Seth Lewis
6. Mar 5, 2026SenateAdded as Co-Sponsor Sen. Craig Wilcox
7. Mar 10, 2026SenateAdded as Co-Sponsor Sen. Donald P. DeWitte
8. 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 11 cosponsors: 11 Republicans.

• Jil TracyR Primary sponsor · District 50