IL HB5426 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-04-05 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-04-05 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Live Theater Production Tax Credit Act. Provides that, for credits awarded in the State fiscal year ending on June 30, 2024, a pre-Broadway production must be performed with the goal of having a presentation scheduled for Broadway's Theater District in New York City after its Illinois presentation (currently, the production must have a presentation scheduled for Broadway's Theater District in New York City within 12 months after its Illinois presentation). Provides that the total amount of tax credits awarded pursuant to the Act for the State fiscal year ending on June 30, 2024 shall not exceed $4,000,000 (currently, $2,000,000). Effective immediately.
Title
LIVE THEATER CREDIT-BROADWAY
Sponsors
Rep. Kelly Burke [D] |
History
Date | Chamber | Action |
---|---|---|
2024-04-05 | House | House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee |
2024-04-05 | House | Rule 19(a) / Re-referred to Rules Committee |
2024-03-20 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
2024-03-13 | House | House Committee Amendment No. 1 Referred to Rules Committee |
2024-03-13 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Kelly M. Burke |
2024-03-08 | House | To Revenue - Tax Credit and Incentives Subcommittee |
2024-02-28 | House | Assigned to Revenue & Finance Committee |
2024-02-09 | House | Referred to Rules Committee |
2024-02-09 | House | First Reading |
2024-02-09 | House | Filed with the Clerk by Rep. Kelly M. Burke |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 17 | 10-10 | Amended Code | Citation Text |
35 | 17 | 10-20 | Amended Code | Citation Text |