IllinoisHB1892104th General Assembly (2025–2026)House

INC TX-DIGITAL MEDIA CREDIT

Sponsored By: Margaret Croke (Democratic)

In Committee

Summary

Creates the Interactive Digital Media Tax Credit Act. Entitles interactive digital media companies that meet certain requirements to an income tax credit. Sets forth the amount of the credit. Authorizes taxpayers to take the credit beginning in the taxable year in which the company has met the investment requirement. Provides for the transfer of credits. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Margaret Croke

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

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

    3/21/2025House
  2. To Tax Credit and Incentives Subcommittee

    3/3/2025House
  3. Assigned to Revenue & Finance Committee

    2/25/2025House
  4. Referred to Rules Committee

    1/29/2025House
  5. First Reading

    1/29/2025House
  6. Filed with the Clerk by Rep. Margaret Croke

    1/29/2025House

Bill Text

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