HB 5426 Illinois House · 103rd Regular Session

LIVE THEATER CREDIT-BROADWAY

Summary

Amends the Live Theater Production Tax Credit Act. Provides that, for credits awarded in the State fiscal year ending on June 30, 2024, a pre-Broadway production must be performed with the goal of having a presentation scheduled for Broadway's Theater District in New York City after its Illinois presentation (currently, the production must have a presentation scheduled for Broadway's Theater District in New York City within 12 months after its Illinois presentation). Provides that the total amount of tax credits awarded pursuant to the Act for the State fiscal year ending on June 30, 2024 shall not exceed $4,000,000 (currently, $2,000,000). Effective immediately.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2024

Committee Review

Floor Vote

Governor

Introduced Feb 9, 2024 Last action Apr 5, 2024

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 5, 2024

Committee

House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

lower

Apr 5, 2024

Committee

Rule 19(a) / Re-referred to Rules Committee

lower

Mar 20, 2024

Lower · Passed

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

lower

Mar 13, 2024

Committee

House Committee Amendment No. 1 Referred to Rules Committee

lower

Mar 13, 2024

Introduced

House Committee Amendment No. 1 Filed with Clerk by Rep. Kelly M. Burke

lower

Mar 8, 2024

Lower · Passed

To Revenue - Tax Credit and Incentives Subcommittee

lower

Feb 28, 2024

Committee

Assigned to Revenue & Finance Committee

lower

Feb 9, 2024

Committee

Referred to Rules Committee

lower

1 primary · 0 co-sponsors