SB1735 — ESTATE TAX-PHASE OUT
Last action — Added as Co-Sponsor Sen. Chris Balkema
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 05, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Introduced
Current position in the legislative process.
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7 sponsors
1 primary, 6 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (6 R · 1 D) — cross-party backing.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
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 Provides that the Act is repealed on January 1, 2031.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 Text
We don't have the full text on file for this bill yet.
Read SB1735 on the official Illinois source →Action History
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Added as Co-Sponsor Sen. Chris Balkema
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Added as Co-Sponsor Sen. Donald P. DeWitte
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Added as Co-Sponsor Sen. Seth Lewis
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Added as Co-Sponsor Sen. Sally J. Turner
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Added as Co-Sponsor Sen. Terri Bryant
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Added as Co-Sponsor Sen. Patrick J. Joyce
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Jil Tracy
Sponsors
- Jil Tracy · Primary
- Patrick J. Joyce · Cosponsor
- Terri Bryant · Cosponsor
- Sally J. Turner · Cosponsor
- Seth Lewis · Cosponsor
- Donald P. DeWitte · Cosponsor
- Chris Balkema · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 6 co-sponsors · 176 not signed on
Sponsors (1)
- Jil Tracy Republican
Co-sponsors (6)
- Patrick J. Joyce Democrat
- Terri Bryant Republican
- Sally J. Turner Republican
- Seth Lewis Republican
- Donald P. DeWitte Republican
- Chris Balkema Republican
Not signed on (176)
176 members have not signed on to this bill.
Show all 176 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB1735 do?
- 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.
- Who sponsors SB1735 ?
- SB1735 is sponsored by Jil Tracy (Republican), Patrick J. Joyce (Democrat), Terri Bryant (Republican), Sally J. Turner (Republican), Seth Lewis (Republican), Donald P. DeWitte (Republican), and Chris Balkema (Republican).
- What is the current status of SB1735 ?
- This bill has been introduced in the Senate. Introduced February 05, 2025. It must pass committee before a floor vote.
- Where can I track SB1735 ?
- Track SB1735 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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