IL SB3528 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Interactive Digital Media Tax Credit Act. Entitles interactive digital media companies that meet certain requirements to an income tax credit in the amount of 30% of certain expenses incurred by the applicant for an accredited production in a taxable year. Authorizes taxpayers to take the credit beginning in the taxable year in which the company has met the investment requirement. Provides for the transfer of credits. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

INC TX-DIGITAL MEDIA CREDIT

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2012-03-30SenateRule 3-9(a) / Re-referred to Assignments
2012-03-09SenateRule 2-10 Committee Deadline Established As March 30, 2012
2012-03-01SenateTo Revenue Subcommittee on Tax Credits
2012-02-22SenateAssigned to Revenue
2012-02-08SenateReferred to Assignments
2012-02-08SenateFirst Reading
2012-02-08SenateFiled with Secretary by Sen. Toi W. Hutchinson

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355223New CodeSee Bill Text

Illinois State Sources


Bill Comments

feedback