# Illinois SB1735: ESTATE TAX-PHASE OUT

Illinois SB1735, ESTATE TAX-PHASE OUT, is a 104th General Assembly (2025–2026) Senate bill sponsored by Jil Tracy (Republican); status in committee, last action 2025-04-02 (Added as Co-Sponsor Sen. Chris Balkema) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB1735-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB1735
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: ESTATE TAX-PHASE OUT
- Status: in committee
- Chamber: Senate
- Introduced: 2025-02-05
- Last action: 2025-04-02, Added as Co-Sponsor Sen. Chris Balkema
- Sponsor: Jil Tracy (Republican)
- Cosponsors: 6
- Subjects: assignments
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that the amount of the taxes imposed under the Act shall be reduced in each year by 20%. Provides that no tax shall be imposed under the Act for persons dying on or after January 1, 2030 or for transfers occurring on or after January 1, 2030. Provides that the Act is repealed on January 1, 2031. Effective immediately.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Jil Tracy (Republican), Senate
- Cosponsor: Chris Balkema (Republican), Senate
- Cosponsor: Donald P. DeWitte (Republican), Senate
- Cosponsor: Patrick J. Joyce (Democratic), Senate
- Cosponsor: Sally J. Turner (Republican), Senate
- Cosponsor: Seth Lewis (Republican), Senate
- Cosponsor: Terri Bryant (Republican), Senate

## Actions (9)

- 2025-04-02: Added as Co-Sponsor Sen. Chris Balkema (Senate)
- 2025-02-20: Added as Co-Sponsor Sen. Donald P. DeWitte (Senate)
- 2025-02-18: Added as Co-Sponsor Sen. Seth Lewis (Senate)
- 2025-02-18: Added as Co-Sponsor Sen. Sally J. Turner (Senate)
- 2025-02-06: Added as Co-Sponsor Sen. Terri Bryant (Senate)
- 2025-02-06: Added as Co-Sponsor Sen. Patrick J. Joyce (Senate)
- 2025-02-05: Referred to Assignments (Senate)
- 2025-02-05: First Reading (Senate)
- 2025-02-05: Filed with Secretary by Sen. Jil Tracy (Senate)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1735.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1735.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-SB1735-2025-2026 (as of 2026-11-01).