Bill Status of SB 852   100th General Assembly

Short Description:  LIVE THEATER PRODUCTION CREDIT

Senate Sponsors
Sen. Toi W. Hutchinson

House Sponsors
(Rep. Michael J. Zalewski)


Last Action  View All Actions

DateChamber Action
  8/25/2017SenatePublic Act . . . . . . . . . 100-0415

Statutes Amended In Order of Appearance
35 ILCS 5/101from Ch. 120, par. 1-101

Synopsis As Introduced
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1
Deletes reference to:
35 ILCS 5/101from Ch. 120, par. 1-101
Adds reference to:
35 ILCS 5/222
35 ILCS 16/42
35 ILCS 17/10-20

Replaces everything after the enacting clause. Amends the Illinois Income Tax Act and the Live Theater Production Tax Credit Act. Provides that the live theater production credit applies for tax years beginning prior to January 1, 2027 (currently, January 1, 2017 by operation of the Act's automatic sunset provision). Provides that the amount of tax credits awarded pursuant to the Live Theater Production Tax Credit Act shall not exceed $4,000,000 in fiscal year 2017 and each fiscal year thereafter (currently $2,000,000). Amends the Film Production Services Tax Credit Act of 2008. Provides that a taxpayer shall not be entitled to take a credit under that Act for tax years beginning on or after January 1, 2027. Removes a provision from that Act providing that the General Assembly may extend the sunset date by 5-year intervals.

House Committee Amendment No. 1
Deletes reference to:
35 ILCS 16/42
35 ILCS 17/10-20

Replaces everything after the enacting clause. Amends the Illinois Income Tax Act. Provides that the live theater production credit applies for tax years beginning on or after January 1, 2012 and tax years beginning prior to January 1, 2027.

House Floor Amendment No. 2
Replaces everything after the enacting clause. Reinserts the provisions of the bill as amended by House Amendment No. 1 with the following change. Amends the Illinois Income Tax Act. Provides that the live theater production credit applies to tax years prior to January 1, 2022 (rather than January 1, 2027).

Actions 
DateChamber Action
  2/7/2017SenateFiled with Secretary by Sen. Toi W. Hutchinson
  2/7/2017SenateFirst Reading
  2/7/2017SenateReferred to Assignments
  3/15/2017SenateApproved for Consideration Assignments
  3/15/2017SenatePlaced on Calendar Order of 2nd Reading March 16, 2017
  3/17/2017SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson
  3/17/2017SenateSenate Floor Amendment No. 1 Referred to Assignments
  3/22/2017SenateSenate Floor Amendment No. 1 Assignments Refers to Revenue
  4/6/2017SenateSenate Floor Amendment No. 1 Postponed - Revenue
  4/26/2017SenateSecond Reading
  4/26/2017SenatePlaced on Calendar Order of 3rd Reading April 27, 2017
  4/28/2017SenateRule 2-10 Third Reading Deadline Established As May 31, 2017
  5/4/2017SenateSenate Floor Amendment No. 1 Recommend Do Adopt Revenue; 008-000-000
  5/5/2017SenateRecalled to Second Reading
  5/5/2017SenateSenate Floor Amendment No. 1 Adopted; Hutchinson
  5/5/2017SenatePlaced on Calendar Order of 3rd Reading
  5/5/2017SenateThird Reading - Passed; 042-004-000
  5/8/2017HouseArrived in House
  5/8/2017HouseChief House Sponsor Rep. Michael J. Zalewski
  5/9/2017HouseFirst Reading
  5/9/2017HouseReferred to Rules Committee
  5/15/2017HouseAssigned to Revenue & Finance Committee
  5/19/2017HouseCommittee Deadline Extended-Rule 9(b) May 26, 2017
  5/23/2017HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
  5/23/2017HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  5/24/2017HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  5/24/2017HouseHouse Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
  5/24/2017HouseDo Pass as Amended / Short Debate Revenue & Finance Committee; 011-000-000
  5/24/2017HousePlaced on Calendar 2nd Reading - Short Debate
  5/24/2017HouseSecond Reading - Short Debate
  5/24/2017HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/25/2017HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Zalewski
  5/25/2017HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  5/26/2017HouseFinal Action Deadline Extended-9(b) May 31, 2017
  5/28/2017HouseHouse Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000
  5/30/2017HouseRecalled to Second Reading - Short Debate
  5/30/2017HouseHouse Floor Amendment No. 2 Adopted
  5/30/2017HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/30/2017HouseThird Reading - Short Debate - Passed 097-015-000
  5/31/2017SenateSecretary's Desk - Concurrence House Amendment(s) 1, 2
  5/31/2017SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 31, 2017
  5/31/2017SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Toi W. Hutchinson
  5/31/2017SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments
  5/31/2017SenateHouse Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Toi W. Hutchinson
  5/31/2017SenateHouse Floor Amendment No. 2 Motion to Concur Referred to Assignments
  5/31/2017SenateHouse Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
  5/31/2017SenateHouse Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments
  5/31/2017SenateHouse Committee Amendment No. 1 Senate Concurs 047-007-000
  5/31/2017SenateHouse Floor Amendment No. 2 Senate Concurs 047-007-000
  5/31/2017SenateSenate Concurs
  5/31/2017SenatePassed Both Houses
  6/29/2017SenateSent to the Governor
  8/25/2017SenateGovernor Approved
  8/25/2017SenateEffective Date January 1, 2018
  8/25/2017SenatePublic Act . . . . . . . . . 100-0415

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