Bill Status of HB 2832   100th General Assembly


Short Description:  INC TX-DIGITAL MEDIA CREDIT

House Sponsors
Rep. Arthur Turner and Marcus C. Evans, Jr.

Last Action  View All Actions

DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/224 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 in the amount of 30% of certain expenses incurred by the applicant for an accredited production in a taxable year. 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 
DateChamber Action
  2/9/2017HouseFiled with the Clerk by Rep. Arthur Turner
  2/9/2017HouseFirst Reading
  2/9/2017HouseReferred to Rules Committee
  2/22/2017HouseAssigned to Revenue & Finance Committee
  3/9/2017HouseTo Income Tax Subcommittee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee
  4/21/2017HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
  1/8/2019HouseSession Sine Die

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