ESTATE TAX-EXCLUSION AMOUNT Senate SponsorsSen. Jil Tracy, Jason Plummer, Erica Harriss, Dale Fowler, Sally J. Turner, John F. Curran, Dave Syverson, Neil Anderson, Seth Lewis, Craig Wilcox and Donald P. DeWitte 2/5/2026SenateReferred to Assignments 35 ILCS 405/2from Ch. 120, par. 405A-2Amends 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. 2/5/2026SenateFiled with Secretary by Sen. Jil Tracy 2/5/2026SenateFirst Reading 2/5/2026SenateReferred to Assignments 2/27/2026SenateAdded as Co-Sponsor Sen. Jason Plummer 3/2/2026SenateAdded as Co-Sponsor Sen. Erica Harriss 3/3/2026SenateAdded as Co-Sponsor Sen. Dale Fowler 3/3/2026SenateAdded as Co-Sponsor Sen. Sally J. Turner 3/3/2026SenateAdded as Co-Sponsor Sen. John F. Curran 3/3/2026SenateAdded as Co-Sponsor Sen. Dave Syverson 3/4/2026SenateAdded as Co-Sponsor Sen. Neil Anderson 3/4/2026SenateAdded as Co-Sponsor Sen. Seth Lewis 3/5/2026SenateAdded as Co-Sponsor Sen. Craig Wilcox 3/10/2026SenateAdded as Co-Sponsor Sen. Donald P. DeWitte