Bill Texts: IL SB3454 | 2021-2022 | 102nd General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2022-01-18 - Referred to Assignments [SB3454 Detail]

Bill Drafts

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Introduced2022-01-18HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3454

Supplemental Documents

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No supplemental documents for Illinois SB3454 currently on file.

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