Bill Status of SB 3359   101st General Assembly

Short Description:  FILM CREDIT-TRANSFER

Senate Sponsors
Sen. Elgie R. Sims, Jr.-Mattie Hunter-Christopher Belt, Antonio Muņoz and Laura M. Murphy

Last Action  View All Actions

DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/213
30 ILCS 105/5.930 new
30 ILCS 105/6z-114 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, upon the transfer of a film production services credit, the taxpayer shall pay to the Department of Commerce and Economic Opportunity 1.5% of the credit amount, which shall be deposited into the Film Workforce Training and Diversity Fund. Amends the State Finance Act to create the Film Workforce Training and Diversity Fund. Provides that moneys in the Fund shall be used to provide grants to certain organizations and institutions to administer workforce development and training programs that support efforts to recruit, hire, promote, retain, develop, and train a diverse and inclusive workforce in the film industry. Effective immediately.

Actions 
DateChamber Action
  2/14/2020SenateFiled with Secretary by Sen. Elgie R. Sims, Jr.
  2/14/2020SenateFirst Reading
  2/14/2020SenateReferred to Assignments
  2/25/2020SenateAssigned to Commerce and Economic Development
  2/25/2020SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter
  2/26/2020SenateAdded as Chief Co-Sponsor Sen. Christopher Belt
  2/26/2020SenateAdded as Co-Sponsor Sen. Antonio Muņoz
  2/27/2020SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/13/2021SenateSession Sine Die

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