ESTATE TAX-EXCLUSION AMOUNT Senate SponsorsSen. John F. Curran 2/6/2026SenateReferred 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 is $8,000,000. Provides that, for persons dying on or after January 1, 2028, the exclusion amount shall be adjusted according to the inflation adjustment described in the Internal Revenue Code. Provides that the exclusion amount includes any deceased spousal unused exclusion amount available after a valid election is made under the Internal Revenue Code. Effective immediately. 2/6/2026SenateFiled with Secretary by Sen. John F. Curran 2/6/2026SenateFirst Reading 2/6/2026SenateReferred to Assignments