Illinois Tax Credits Summary

The Illinois General Assembly has extended the life of the Illinois Film Production Tax Credit Act until 2033
  • 30% – 45% Transferable Tax Credit
  • No Project Cap & No Annual Cap
  • Compensation Cap Increased to $500,000
  • Tax Credit expanded to include nine positions for non-residents and four non-resident actors
  • Minimum spend of only $100,000 ($50,000 for 30-minutes or less)
  • Carry forward of 5 years
  • Production must submit the Illinois Film Tax Credit Application at least five days before principal photography begins in Illinois. Commercial Advertising Applications must be submitted at least 24 hours prior to start of filming in Illinois

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