Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

35 ILCS 5/221 new

Synopsis As Introduced
Creates the Live Theater Production Tax Credit Act. Provides that certain taxpayers who are theater producers, owners, licensees, or operators, or who otherwise present live stage presentations within the State, are entitled to a credit against their income tax liability equal to a percentage of their Illinois production spending and Illinois labor expenditures. Provides that eligibility for the credit is determined by the Department of Commerce and Economic Opportunity. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions 

Date	Chamber	Action
1/27/2011	Senate	Filed with Secretary by Sen. Dan Kotowski
1/27/2011	Senate	First Reading
1/27/2011	Senate	Referred to Assignments
2/23/2011	Senate	Assigned to Revenue
3/3/2011	Senate	To Revenue Subcommittee on Tax Credits
3/18/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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