SB1897 - 104th General Assembly

FILM TX CREDIT-SPENDING
Last Action
6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Statutes Amended In Order of Appearance
35 ILCS 5/701from Ch. 120, par. 7-701
Synopsis As Introduced
Amends the Film Production Services Tax Credit Act of 2008. Provides that accredited productions shall be considered Category 1 productions or Category 2 productions. Provides that a Category 1 production is an accredited production that meets the following criteria: (1) at least 75% of all principal filming or taping days of the accredited production that occur at any soundstage facility within or without Illinois occur at a qualified production facility; and (2) at least 20% of the total expenditures for the accredited production are for (i) tangible property that will be used at a qualified production facility or for the use of the qualified production facility; (ii) the performance of services at a qualified production facility; or (iii) any combination of (i) and (ii). Makes changes concerning the amount of the credit. Makes changes concerning the number of nonresident employees whose wages may be considered Illinois labor expenditures. Makes changes concerning the definition of "qualified production facility". Amends the Illinois Income Tax Act to make changes concerning withholdings for loan out company employees. Effective immediately.
Actions
Date Chamber Action
2/06/2025 Senate Filed with Secretary by Sen. Elgie R. Sims, Jr.
2/06/2025 Senate First Reading
2/06/2025 Senate Referred to Assignments
2/18/2025 Senate Assigned to Revenue
3/21/2025 Senate Rule 2-10 Committee Deadline Established As April 11, 2025
3/25/2025 Senate Added as Chief Co-Sponsor Sen. Lakesia Collins
4/01/2025 Senate Added as Co-Sponsor Sen. Willie Preston
4/02/2025 Senate Added as Co-Sponsor Sen. Graciela Guzmán
4/11/2025 Senate Rule 2-10 Committee Deadline Established As May 9, 2025
4/30/2025 Senate Added as Co-Sponsor Sen. Sara Feigenholtz
5/09/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
5/23/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
6/02/2025 Senate Rule 3-9(a) / Re-referred to Assignments