Illinois 2023-2024 Regular Session

Illinois House Bill HB5612

Introduced
2/9/24  
Introduced
2/9/24  
Refer
2/28/24  
Refer
2/9/24  
Refer
4/5/24  
Refer
2/28/24  
Refer
4/5/24  
Refer
5/3/24  
Refer
4/5/24  
Refer
5/31/24  
Refer
5/3/24  
Refer
5/31/24  
Refer
5/31/24  

Caption

FILM TAX-WORKFORCE FUND

Impact

This bill significantly impacts state laws relating to economic development and workforce training within the film industry. By facilitating deposits into the Illinois Production Workforce Development Fund, the bill aims to provide necessary resources to community organizations and educational institutions for developing training programs. This initiative is particularly focused on enhancing the diversity and inclusivity of the film workforce, thus potentially altering the employment landscape in the industry in Illinois.

Summary

House Bill 5612, introduced by Rep. Curtis J. Tarver, II, seeks to amend the Film Production Services Tax Credit Act of 2008, specifically focusing on the Illinois Production Workforce Development Fund. The bill proposes that specific amounts be deposited into this fund starting July 1, 2023, a shift from the previously set date of July 1, 2022. This amendment emphasizes the importance of funding workforce development initiatives connected to the film industry, ensuring a pipeline of skilled workers in this rapidly growing sector.

Contention

While proponents of HB5612 assert that it promotes growth and inclusivity within the film industry, there are concerns related to the allocation of funds and the effectiveness of such initiatives. Critics argue that the implementation of the fund and the actual outcomes of such workforce development programs must be closely monitored to ensure that they meet the intended goals. There may also be discussions about prioritization, especially concerning which community organizations and business models qualify for support, indicating a potential area of contention in future deliberations.

Companion Bills

No companion bills found.

Previously Filed As

IL HB2483

INC TX-SURPLUS FUNDS

IL HB5065

FILM TAX CREDIT-PRODUCTIONS

IL SB3592

FILM TAX CREDIT-PRODUCTIONS

IL SB1745

TAX-FILM PRODUCTION CREDIT

IL HB3261

USE/OCC TAX-SALES TAX HOLIDAY

IL HB1177

USE/OCC TAX-FIREARMS

IL HB3749

ELECTRIC TAX-ROAD FUND

IL HB1424

FILM TAX CREDIT-WOMEN IN STEM

IL SB1673

USE/OCC TAX-HOLIDAY

IL HB3150

USE/OCC TAX-VENDOR DISCOUNT

Similar Bills

NJ S1461

Modifies collective Statewide transfer agreement and reverse transfer agreement; establishes New Jersey Transfer Ombudsperson within Office of Secretary of Higher Education.

NJ A1315

Modifies collective statewide transfer agreement and reverse transfer agreement; establishes New Jersey Transfer Ombudsperson within Office of Secretary of Higher Education.

TX SB1559

Relating to conflicts between a protective order and certain other orders and to the transfer of a protective order.

DE HB147

An Act To Amend Title 12, Title 18, Title 25, And Title 30 Of The Delaware Code Relating To The Uniform Real Property Transfer On Death Act.

NV AB62

Revises provisions relating to transferable tax credits for affordable housing. (BDR 32-437)

VA HB1871

Transfer on death deeds; inter vivos deed conveying real property to another.

MS SB2344

Youth court; revise transfer to circuit court.

MS SB2226

Youth court; revise transfer to circuit court.