Toi W. Hutchinson
- Democratic
Primary
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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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee Deadline Established As March 30, 2012
To Revenue Subcommittee on Tax Credits
Assigned to Revenue
Filed with Secretary by Sen. Toi W. Hutchinson
Referred to Assignments
First Reading
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