Comments: IL HB1892 | 2025-2026 | 104th General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2025-01-29 - Referred to Rules Committee [HB1892 Detail]

Text: Latest bill text (Introduced) [HTML]

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