The Illinois Film Tax Credit

The Illinois Film Production Tax Credit Incentive Program currently allows for qualified productions to receive a 30% credit on qualified expenditures.

Current Tax Credit Benefits

  • 30% of the qualified Illinois Production Spending.

  • 30% credit on Illinois salaries up to $100,000 per worker.

  • Tax credit can be carried forward 5 years from when originally issued by Illinois Film Office/Department of Commerce and Economic Opportunity.

  • The Illinois Film Tax Credit is currently scheduled for legislative renewal in 2026.

  • The Illinois Film Tax Credit is currently scheduled for legislative renewal in 2026, and is renewable in 5-year increments, thereafter.

    For More information, check out the Illinois Film Office’s website.

    Please Note: We will be adding more information to this section in the coming weeks.

Legislation

During the current 2021 Spring Session of the Illinois General Assembly, IPA has partnered with business, industry and the labor unions in support of legislation to modestly expand the Film Incentive program. The legislation introduced in the Senate and House can be found here: SB2181 and HB3251.

Our coalition has been engaged in lobbying, advocacy, and engagement with the media, legislators and the industry in order to bring attention to this important initiative. This initiative is central to the economic recovery and the future of our industry in capturing a greater marketshare and remaining competitive with states like Georgia, New Jersey, and New Mexico. We believe this legislation will put Film in Illinois on the trajectory to become a billion dollar business in Illinois while creating opportunities for diverse good paying jobs.

Legislative Advocacy

Fact Sheet

Labor Letter to Legislative Leadership

Film Coalition Letter to Legislative Sponsors, Chairs and Administration

Sign up to join our Coalition here.

Highlights of the legislation include:

  • A modest expansion to allow for a *limited number of non-resident wages to qualify for the credit

    • *Qualifying Non-resident wages are limited to, Director, Writer, Director of Photography, Production Designer, Costume Designer, Production Accountant, VFX Supervisor, Editor, Composer

  • In qualified productions of $25,000,000 or less, no more than 2 non-resident actors qualify

  • In qualified productions of more than $25,000,000, no more than 4 non-resident actors qualify

  • $500,000 cap on each qualified resident and non-resident wages

  • Creates the Illinois Production Workforce Development Fund which is funded entirely by the qualified productions, to allow the Department of Commerce and Economic Development make grants to qualified organizations that provide film production workforce training programs. 50% of the grant funds must be allocated to minority owned organizations, or educational/training programs whose participants represent a minimum of 50% minorities

  • Effective July 1st, 2021

Contact Us

The Illinois Production Alliance is a 501 c6 organization.

Email us at illinoisproduction@gmail.com

Mailing Address:
106 N Aberdeen St #100
Chicago, IL 60607

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