Bill Status of HB 2870   104th General Assembly


Short Description:  FILM TX CREDIT-SPENDING

House Sponsors
Rep. Margaret Croke-Kimberly Du Buclet-Jawaharial Williams-Yolonda Morris, Marcus C. Evans, Jr. and Bob Morgan

Last Action  View All Actions

DateChamber Action
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/701from Ch. 120, par. 7-701
35 ILCS 16/10
35 ILCS 16/42

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 
DateChamber Action
  2/5/2025HouseFiled with the Clerk by Rep. Margaret Croke
  2/6/2025HouseFirst Reading
  2/6/2025HouseReferred to Rules Committee
  3/4/2025HouseAssigned to Revenue & Finance Committee
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee
  3/25/2025HouseAdded Chief Co-Sponsor Rep. Kimberly Du Buclet
  4/1/2025HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
  4/8/2025HouseAdded Chief Co-Sponsor Rep. Jawaharial Williams
  4/8/2025HouseAdded Chief Co-Sponsor Rep. Yolonda Morris
  4/30/2025HouseAdded Co-Sponsor Rep. Bob Morgan

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