HB1892 - 104th General Assembly (2025-2026)
INC TX-DIGITAL MEDIA CREDIT
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
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 |