Illinois Boosts State’s Film Production Tax Incentives With Higher Credits & Expanded Eligibility, Extending Program Through 2039
Illinois Governor JB Pritzker signed into law Wednesday a significant expansion of the state’s film production tax credit program. The revisions to the incentive program, which does not have an annual spend cap but does limit per-person compensation, include increasing the credit value for hiring Illinois residents and engaging Illinois vendors from 30% to 35%. […]
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