HB 1318

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Digital Media Credit

Abstract

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.

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Jan 08, 2013

House

Session Sine Die

Mar 17, 2011

House

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

Feb 14, 2011

House

Assigned to Revenue & Finance Committee

Feb 09, 2011

House

Filed with the Clerk by Rep. Michael J. Zalewski

House

First Reading

House

Referred to Rules Committee

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