ESTATE TAX-REPEAL

104th Regular Session Introduced by Chris Balkema and 7 co-sponsors

Illinois SB 1828 repeals estate and GST taxes, effective immediately for deaths or transfers on/after the date, easing burdens on estates, trustees, heirs; reduces state revenue.

Added as Co-Sponsor Sen. Dave Syverson

SB 1828 — Estate Tax Repeal (Illinois) — Summary

Note on source materials: The documents you provided include analyses for a separate Florida Senate measure (also labeled SB 1828) concerning trespass at large events. Below is a focused summary of the Illinois SB 1828 titled “ESTATE TAX‑REPEAL” (LRB104 07433 HLH 17474 b), followed by a short noting of the unrelated Florida trespass bill in the packet.

Purpose / Intent

Illinois SB 1828 repeals the State’s estate and generation‑skipping transfer (GST) taxes by amending the Illinois Estate and Generation‑Skipping Transfer Tax Act (35 ILCS 405/). The purpose is to eliminate the imposition of Illinois estate and GST taxes for deaths or transfers occurring on or after the bill’s effective date.

Key Provisions

Amends Sections 2, 3, and 4 of the Illinois Estate and Generation‑Skipping Transfer Tax Act (35 ILCS 405/2, /3, /4).

Removes or replaces statutory language that imposes Illinois estate tax and Illinois generation‑skipping transfer tax so that "no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date."

Revises definitions in Section 2 (e.g., references to federal/state credit, taxable transfer, transferred property, trusts) as needed to conform to repeal language.

Effective date: immediate (the bill text states “Effective immediately”).

Who Is Affected

Directly affected: estates of decedents dying on or after the effective date; trustees and beneficiaries of trusts where GST tax liability could arise; executors and estate administrators.

Indirectly affected: estate planning attorneys, probate courts, financial/advisory firms that advise on wealth transfer strategies.

Government: Illinois Department of Revenue (administration and enforcement changes) and the State budget/treasury (loss of estate and GST tax revenue).

Fiscal & Administrative Impact

The analysis text does not provide specific revenue estimates. Repeal would reduce state tax receipts formerly collected under the estate/GST tax regime.

Administrative changes would include elimination of estate tax filings and adjustments to department guidance and forms.

No dollar amounts or fiscal projections are included in the provided materials.

Legislative Status & Timeline (selected)

Introduced: Feb 5, 2025 (Sen. Sue Rezin originally introduced the bill text in LRB form).

Sponsors (per materials/caption): Chapin Rose (chief sponsor change noted), with cosponsors including Craig Wilcox, Dale Fowler, Chris Balkema, Sally J. Turner, Jason Plummer (records show additions across 2025).

Companion/related bill: HB 754 (listed as companion).

Status entries in the packet show readings, committee referrals, and additional procedural actions through spring 2025. (For up‑to‑date status, consult the Illinois General Assembly docket.)

Note — Separate Florida SB 1828 (Trespass)

Several documents in your packet are Florida Senate bill analyses for a distinct SB 1828 that would (among other changes) create third‑degree felony trespass offenses for: (1) entering or remaining in a venue during a covered ticketed event with attendance over 5,000; and (2) trespassing on property posted as secured/maintained by law enforcement. Those versions evolved through committee substitutes; effective dates varied in drafts (July 1, Oct. 1, or upon becoming law). If you want a full summary of the Florida trespass bill instead (or in addition), I can produce that.