Bill Status of HB2811

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HB2811 - 104th General Assembly

EDGE WITHHOLDING-STEEL
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
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 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.
Actions
Date Chamber Action
2/05/2025 House Filed with the Clerk by Rep. Sharon Chung
2/06/2025 House First Reading
2/06/2025 House Referred to Rules Committee
2/14/2025 House Added Co-Sponsor Rep. Travis Weaver
2/18/2025 House First reading {Corrected}
2/20/2025 House Added Co-Sponsor Rep. Ryan Spain
3/04/2025 House Assigned to Revenue & Finance Committee
3/06/2025 House To Tax Policy: Other Taxes Subcommittee
3/13/2025 House Added Chief Co-Sponsor Rep. Jehan Gordon-Booth
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee