Illinois Boosts State’s Film Production Tax Incentives With Higher Credits & Expanded Eligibility, Extending Program Through 2039 – Deadline

The revisions to the incentive program, which does not have an annual spend cap but does limit per-person compensation, include increasing the credit value for hiring Illinois residents and engaging Illinois vendors from 30 percent to 35 percent. Lawmakers have also added a 5 percent additional stackable bonus incentive for productions filmed outside of Cook, DuPage, Kane, Lake, McHenry, and Will counties.