HB 3039

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Theater Credit-Cap And Sunset

Abstract

Amends the Illinois Income Tax Act and the Live Theater Production Tax Credit Act. Provides that the live theater production credit applies for tax years beginning prior to January 1, 2027 (currently, January 1, 2017 by operation of the Act's automatic sunset provision. Provides that the amount of tax credits awarded pursuant to the Live Theater Production Tax Credit Act shall not exceed $4,000,000 in fiscal year 2017 and each fiscal year thereafter (currently $2,000,000).

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Jan 08, 2019

House

Session Sine Die

Mar 31, 2017

House

Rule 19(a) / Re-referred to Rules Committee

Mar 09, 2017

House

To Growth, Reform & Fairness Subcommittee

Feb 22, 2017

House

Assigned to Revenue & Finance Committee

Feb 09, 2017

House

Filed with the Clerk by Rep. Michael J. Zalewski

House

Referred to Rules Committee

House

First Reading

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