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
Floor votes
How they voted
No floor votes recorded yet.
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
Role
Legislator
Party
State
District
P
Sharon Chung
DDemocratic
Co
Jehan Gordon-Booth
DDemocratic
Co
Ryan Spain
RRepublican
Co
Travis Weaver
RRepublican
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