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<xml>
<title>Illinois General Assembly - Bill Status for SB 3692</title>
<shortdesc>EDGE-AMOUNT OF CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. David Koehler</sponsors>
</sponsor>
<lastaction>
<statusdate>2/17/2026</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 10/5-15</reference><aliasreference></aliasreference><SynopsisText>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.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2026</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. David Koehler</action>
<statusdate>2/5/2026</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/5/2026</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/17/2026</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/13/2026</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 24, 2026</action>
<statusdate>3/27/2026</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. David Koehler</action>
<statusdate>3/27/2026</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
</actions>
</xml>
