HB 5426

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Live Theater Credit-Broadway

Abstract

Amends the Live Theater Production Tax Credit Act. Provides that, for credits awarded in the State fiscal year ending on June 30, 2024, a pre-Broadway production must be performed with the goal of having a presentation scheduled for Broadway's Theater District in New York City after its Illinois presentation (currently, the production must have a presentation scheduled for Broadway's Theater District in New York City within 12 months after its Illinois presentation). Provides that the total amount of tax credits awarded pursuant to the Act for the State fiscal year ending on June 30, 2024 shall not exceed $4,000,000 (currently, $2,000,000). Effective immediately.

Bill Sponsors (1)

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Actions


Apr 05, 2024

House

House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

House

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

Mar 20, 2024

House

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

Mar 13, 2024

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Kelly M. Burke

House

House Committee Amendment No. 1 Referred to Rules Committee

Mar 08, 2024

House

To Revenue - Tax Credit and Incentives Subcommittee

Feb 28, 2024

House

Assigned to Revenue & Finance Committee

Feb 09, 2024

House

Filed with the Clerk by Rep. Kelly M. Burke

House

First Reading

House

Referred to Rules Committee

Bill Text

Bill Text Versions Format
Introduced HTML PDF
House Amendment 001 HTML PDF

Related Documents

Document Format
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Sources

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