Bill Status of SB3454 102nd General Assembly
Short Description: FILM TAX CR-NON-METROPOLITAN
Sen. Dale Fowler
| 1/18/2022||Senate||Referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Film Production Services Tax Credit Act of 2008. Provides that, for an accredited production beginning on or after July 1, 2022, the credit includes 5% of the Illinois labor expenditures generated by the employment of residents of the State who reside outside of the metropolitan area. Provides that, for an accredited production beginning on or after July 1, 2022, the credit amount shall be increased by 5% if 50% or more of the total hours of principal filming or taping of the production are completed in the State but outside of the metropolitan area. Provides that the term "metropolitan area" means the City of Chicago and any part of the State located within 30 miles of the City of Chicago. Effective immediately.
|Date||Chamber|| Action|| 1/18/2022||Senate||Filed with Secretary by Sen. Dale Fowler|| 1/18/2022||Senate||First Reading|| 1/18/2022||Senate||Referred to Assignments|