SB 164

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

Senate

Session Sine Die

May 13, 2011

Senate

Added as Chief Co-Sponsor Sen. Michael Noland

May 11, 2011

Senate

Added as Chief Co-Sponsor Sen. Chris Lauzen

Mar 18, 2011

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 17, 2011

Senate

To Revenue Subcommittee on Tax Credits

Mar 10, 2011

Senate

Held in Revenue

Mar 03, 2011

Senate

Postponed - Revenue

Feb 15, 2011

Senate

Postponed - Revenue

Feb 09, 2011

Senate

Assigned to Revenue

Feb 08, 2011

Senate

Referred to Assignments

Senate

First Reading

Senate

Filed with Secretary by Sen. Dan Kotowski

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