Illinois HB2870 amends the Film Production Services Tax Credit Act of 2008 to redefine eligible productions and adjust tax credits.
HB2870 amends the Film Production Services Tax Credit Act of 2008 by categorizing productions into Category 1 and Category 2. Category 1 productions must have at least 75% of filming or taping days in Illinois and 20% of total expenditures for tangible property or services in Illinois. Category 2 productions must have at least 20% of total expenditures for tangible property or services in Illinois.
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