Illinois General Assembly - Bill Status for HB1892

Synopsis As Introduced
Creates the Interactive Digital Media Tax Credit Act. Entitles interactive digital media companies that meet certain requirements to an income tax credit. Sets forth the amount of the credit. 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.

Actions

Date	Chamber	Action
1/29/2025	House	Filed with the Clerk by Rep. Margaret Croke
1/29/2025	House	First Reading
1/29/2025	House	Referred to Rules Committee
2/25/2025	House	Assigned to Revenue & Finance Committee
3/3/2025	House	To Tax Credit and Incentives Subcommittee
3/21/2025	House	Rule 19(a) / Re-referred to Rules Committee

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