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Issue · Environment

Environment (Recycling · Economic Development)

Every environment bill, vote, and legislator stance in Illinois, automatically classified by Maddy, our AI policy reader.

IL Legislature US Congress
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104th Regular Session
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in committee · Illinois · Senate May 22, 2026

SB 3692: 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.
Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit to 100% for steel recycling/manufacturing businesses, providing direct tax relief under economic development program.95% confidence ✓ EnvironmentSupports EnvironmentProvides tax credit for steel recycling and manufacturing, a recognized environmental conservation practice that conserves resources and reduces pollution.80% confidence
Sub-Topics Tax Credits Tax Incentives Recycling Tags Economic Development