Bill Status of HB1892

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HB1892 - 104th General Assembly

INC TX-DIGITAL MEDIA CREDIT
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Margaret Croke
Statutes Amended In Order of Appearance
New Act
35 ILCS 5/246 new
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
3/03/2025 House To Tax Credit and Incentives Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee