HB 2811 Illinois House · 104th Regular Session

EDGE WITHHOLDING-STEEL

Summary
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that certain taxpayers that are primarily engaged in the recycling and melting of steel products and in the manufacturing of new steel wire and rod products may elect to claim the credit under the Act against their withholding tax liability instead of their income tax liability. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2025 Last action Mar 21, 2025
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Full legislative history

Actions timeline

Total actions
10
Key actions
1
Committee
4
Mar 21, 2025
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 6, 2025
Lower · Passed
To Tax Policy: Other Taxes Subcommittee
lower
Mar 4, 2025
Committee
Assigned to Revenue & Finance Committee
lower
Feb 6, 2025
Committee
Referred to Rules Committee
lower
1 primary · 3 co-sponsors

Sponsors