ChangeBridge / Illinois / SB3692 Signed by Governor
SB3692 Senate Bill
Signed by Governor
2026-02-05

EDGE-AMOUNT OF CREDIT

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.

Bill Details

State

Illinois

Session

104th General Assembly

Chamber

Senate

Committee

Revenue

Official Source

www.ilga.gov/Legislation/BillStatus?DocNum...

LegiScan

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Sponsors

David Koehler (Sen - D)

Action History

2026-03-27 S Senate Committee Amendment No. 1 Referred to Assignments
2026-03-27 S Senate Committee Amendment No. 1 Filed with Secretary by Sen. David Koehler
2026-03-13 S Rule 2-10 Committee Deadline Established As April 24, 2026
2026-02-17 S Assigned to Revenue
2026-02-05 S Referred to Assignments
2026-02-05 S First Reading
2026-02-05 S Filed with Secretary by Sen. David Koehler

Committee Referrals

2026-02-05 S Assignments
2026-02-17 S Revenue
2026-03-27 S Assignments

Amendments

2026-03-27 Senate Amendment 001

Bill Text Versions

2026-02-06 Introduced

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