Illinois Film Production Tax Credit Program to Expand

Effective July 1, 2022, the Illinois Film Production Tax Credit program will officially be expanded in accordance with provisions in the Illinois Production+ legislation championed by the Illinois Production Alliance. One of the biggest changes is that the legislation provides an expansion to allow for a limited number of non-resident wages to qualify for the credit. It also creates the Illinois Production Workforce Development Fund to provide grants to training programs focused on fostering industry careers for minorities and women.

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Disclaimer: The information presented in this post is provided for informational purposes only and shall not be considered legal or tax advice. Please consult with your legal or tax advisor for specific legal or tax advice.

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