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Gov. J.B. Pritzker recently signed a measure into law that
expands the Film Production Services Tax Credit to include talk
shows, contests and game shows. The legislation was part of an
omnibus economic development bill that also included incentives
for quantum computing development and redevelopment zones across
the state.
Pritzker said the TV and film industry is an economic boost for
Illinois.
“The production staff, cast and crew need comfortable places to
stay, access Illinois' excellent local restaurants to dine in,
welcoming taverns to visit after hours and a well-trained,
diverse workforce to bring productions to life, our film and TV
production industry is a boon for our entire economy,” said
Pritzker.
Illinois Production Alliance Executive Director Christine Dudley
said an economic impact study shows that the film tax credit is
paying off.
“For every dollar spent on the tax credit, seven dollars is
generated into the economy, so that is a return on investment
and really speaks to the success of the program,” said Dudley.
Dudley said approximately 94% of current film and television
production in Illinois is a byproduct of the film tax credit.
The tax credit offers a 30% credit for qualified film,
television, streaming and ad production in Illinois, with an
additional 15% credit available for salaries paid to people who
live in economically disadvantaged areas across the state.
Earlier this year, the governor and representatives from the
Illinois film industry traveled to California to promote the
state as a filming destination to Hollywood producers.
“The strides Illinois has made in growing our film and
television production sector in recent years is nothing short of
remarkable, and it’s time to ensure that every production
company and studio knows exactly what we can offer them here in
the Land of Lincoln,” said Pritzker before embarking on the
trip.
Current Illinois productions include FX’s “The Bear,” Apple TV’s
“Dark Matter,” and NBC’s “Chicago Med.”
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