Illinois General Assembly - Full Text of Public Act 100-0603
Illinois General Assembly

Previous General Assemblies

Public Act 100-0603


 

Public Act 0603 100TH GENERAL ASSEMBLY



 


 
Public Act 100-0603
 
SB1461 EnrolledLRB100 11202 HLH 21511 b

    AN ACT concerning State government.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Film Production Services Tax Credit Act of
2008 is amended by changing Sections 45 and 50 as follows:
 
    (35 ILCS 16/45)
    Sec. 45. Evaluation of tax credit program; reports to the
General Assembly.
    (a) The Department shall evaluate the tax credit program.
The evaluation must include an assessment of the effectiveness
of the program in creating and retaining new jobs in Illinois
and of the revenue impact of the program, and may include a
review of the practices and experiences of other states or
nations with similar programs. Upon completion of this
evaluation, the Department shall determine the overall success
of the program, and may make a recommendation to extend,
modify, or not extend the program based on this evaluation.
    (b) At the end of each fiscal quarter, the Department must
submit to the General Assembly a report that includes, without
limitation, the following information:
        (1) the economic impact of the tax credit program,
    including the number of jobs created and retained,
    including whether the job positions are entry level,
    management, talent-related, vendor-related, or
    production-related;
        (2) the amount of film production spending brought to
    Illinois, including the amount of spending and type of
    Illinois vendors hired in connection with an accredited
    production; and
        (3) an overall picture of whether the human
    infrastructure of the motion picture industry in Illinois
    reflects the geographical, racial and ethnic, gender, and
    income-level diversity of the State of Illinois.
    (c) At the end of each fiscal year, the Department must
submit to the General Assembly a report that includes, without
limitation, the following information:
        (1) an identification of each vendor that provided
    goods or services that were included in an accredited
    production's Illinois production spending, provided that
    the accredited production's Illinois production spending
    attributable to that vendor exceeds, in the aggregate,
    $10,000 or 10% of the accredited production's Illinois
    production spending, whichever is less;
        (2) the amount paid to each identified vendor by the
    accredited production;
        (3) for each identified vendor, a statement as to
    whether the vendor is a minority owned business or a female
    owned business, as defined under Section 2 of the Business
    Enterprise for Minorities, Females, and Persons with
    Disabilities Act, based on the best efforts of an
    accredited production; and
        (4) a description of any steps taken by the Department
    to encourage accredited productions to use vendors who are
    a minority owned business or a female owned business.
(Source: P.A. 95-720, eff. 5-27-08.)
 
    (35 ILCS 16/50)
    Sec. 50. Program terms and conditions. Except for
information that will be included, in an aggregated manner,
within the annual report required under Section 45 of this Act,
any Any documentary materials or data made available or
received by any agent or employee of the Department are
confidential and are not public records to the extent that the
materials or data consist of commercial or financial
information regarding the operation of the production of the
applicant for or recipient of any tax credit under this Act.
(Source: P.A. 95-720, eff. 5-27-08.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 07/13/2018