SB3692 - 104th General Assembly (2025-2026)

EDGE-AMOUNT OF CREDIT
Last Action
2/17/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. David Koehler
Statutes Amended In Order of Appearance
35 ILCS 10/5-15  
Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the credit against withholding that is awarded to taxpayers who are primarily engaged in the recycling and melting of steel products and in the manufacturing of new steel wire and rod products shall be 100% of the amount of withholding.
Actions
DateChamberAction
2/05/2026SenateFiled with Secretary by Sen. David Koehler
2/05/2026SenateFirst Reading
2/05/2026SenateReferred to Assignments
2/17/2026SenateAssigned to Revenue
3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026