comparemela.com

Latest Breaking News On - Recovery task advisory report - Page 1 : comparemela.com

Bill Would Expand Tax Breaks for Filmmakers in Illinois

WBGZ Radio 4/6/2021 | By Kevin Bessler - Illinois Radio Network There is a movement to make Illinois as attractive as Hollywood for filmmakers. If made into law, the bill would expand the state’s film tax and establish the Illinois Production Workforce Development Fund to help train people for jobs in the film industry. The bill also requires 50% of funds be allocated to minority-owned organizations or programs where at least 50% of the program participants are minorities. Brad Tietz, vice president of government relations with the Chicagoland Chamber of Commerce, said the entire state benefits, especially when a project is filmed in an economically distressed area.

Bill would expand tax breaks for filmmakers to make movies in Illinois

SPRINGFIELD, Ill. (IRN) There is a movement to make Illinois as attractive as Hollywood for filmmakers. If made into law, the bill would expand the state’s film tax and establish the Illinois Production Workforce Development Fund to help train people for jobs in the film industry. The bill also requires 50% of funds be allocated to minority-owned organizations or programs where at least 50% of the program participants are minorities. Brad Tietz, vice president of government relations with the Chicagoland Chamber of Commerce, said the entire state benefits, especially when a project is filmed in an economically distressed area. “The current program allows for a 15% bump on a 30% credit for areas of economic distress and residents from those areas, so that is not just for Chicago, that is across the state,” Tietz said.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.