Bill Text: IL SB1461 | 2017-2018 | 100th General Assembly | Engrossed

Bill Title: Amends the Economic Development Area Tax Increment Allocation Act. Makes a technical change in a Section concerning the short title.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Engrossed) 2018-04-12 - Added as Chief Co-Sponsor Sen. Patricia Van Pelt [SB1461 Detail]

Download: Illinois-2017-SB1461-Engrossed.html

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1 AN ACT concerning State government.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Film Production Services Tax Credit Act of
52008 is amended by changing Sections 45 and 50 as follows:
6 (35 ILCS 16/45)
7 Sec. 45. Evaluation of tax credit program; reports to the
8General Assembly.
9 (a) The Department shall evaluate the tax credit program.
10The evaluation must include an assessment of the effectiveness
11of the program in creating and retaining new jobs in Illinois
12and of the revenue impact of the program, and may include a
13review of the practices and experiences of other states or
14nations with similar programs. Upon completion of this
15evaluation, the Department shall determine the overall success
16of the program, and may make a recommendation to extend,
17modify, or not extend the program based on this evaluation.
18 (b) At the end of each fiscal quarter, the Department must
19submit to the General Assembly a report that includes, without
20limitation, the following information:
21 (1) the economic impact of the tax credit program,
22 including the number of jobs created and retained,
23 including whether the job positions are entry level,

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1 management, talent-related, vendor-related, or
2 production-related;
3 (2) the amount of film production spending brought to
4 Illinois, including the amount of spending and type of
5 Illinois vendors hired in connection with an accredited
6 production; and
7 (3) an overall picture of whether the human
8 infrastructure of the motion picture industry in Illinois
9 reflects the geographical, racial and ethnic, gender, and
10 income-level diversity of the State of Illinois.
11 (c) At the end of each fiscal year, the Department must
12submit to the General Assembly a report that includes, without
13limitation, the following information:
14 (1) an identification of each vendor that provided
15 goods or services that were included in an accredited
16 production's Illinois production spending, provided that
17 the accredited production's Illinois production spending
18 attributable to that vendor exceeds, in the aggregate,
19 $10,000 or 10% of the accredited production's Illinois
20 production spending, whichever is less;
21 (2) the amount paid to each identified vendor by the
22 accredited production;
23 (3) for each identified vendor, a statement as to
24 whether the vendor is a minority owned business or a female
25 owned business, as defined under Section 2 of the Business
26 Enterprise for Minorities, Females, and Persons with

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1 Disabilities Act; and
2 (4) a description of any steps taken by the Department
3 to encourage accredited productions to use vendors who are
4 a minority owned business or a female owned business.
5(Source: P.A. 95-720, eff. 5-27-08.)
6 (35 ILCS 16/50)
7 Sec. 50. Program terms and conditions. Any documentary
8materials or data made available or received by any agent or
9employee of the Department are confidential and are not public
10records to the extent that the materials or data consist of
11commercial or financial information regarding the operation of
12the production of the applicant for or recipient of any tax
13credit under this Act. Such information shall be released only
14if permission is granted by the taxpayer.
15(Source: P.A. 95-720, eff. 5-27-08.)
16 Section 99. Effective date. This Act takes effect upon
17becoming law.