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<title>Illinois General Assembly - Bill Status for SB 852          </title>
<shortdesc>LIVE THEATER PRODUCTION CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Toi W. Hutchinson</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Michael J. Zalewski)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0415</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/101</reference><aliasreference>from Ch. 120, par. 1-101</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>35 ILCS 5/101</reference><aliasreference>from Ch. 120, par. 1-101</aliasreference><reftype>Adds reference to:</reftype><reference>35 ILCS 5/222</reference><aliasreference></aliasreference><reference>35 ILCS 16/42</reference><aliasreference></aliasreference><reference>35 ILCS 17/10-20</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Illinois Income Tax Act and the Live Theater Production Tax Credit Act. Provides that the live theater production credit applies for tax years beginning prior to January 1, 2027 (currently, January 1, 2017 by operation of the Act's automatic sunset provision). Provides that the amount of tax credits awarded pursuant to the Live Theater Production Tax Credit Act shall not exceed $4,000,000 in fiscal year 2017 and each fiscal year thereafter (currently $2,000,000). Amends the Film Production Services Tax Credit Act of 2008. Provides that a taxpayer shall not be entitled to take a credit under that Act for tax years beginning on or after January 1, 2027. Removes a provision from that Act providing that the General Assembly may extend the sunset date by 5-year intervals.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>35 ILCS 16/42</reference><aliasreference></aliasreference><reference>35 ILCS 17/10-20</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Illinois Income Tax Act. Provides that the live theater production credit applies for tax years beginning on or after January 1, 2012 and tax years beginning prior to January 1, 2027.</SynopsisText><synopsistitle>House Floor Amendment No. 2</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause. Reinserts the provisions of the bill as amended by House Amendment No. 1 with the following change. Amends the Illinois Income Tax Act. Provides that the live theater production credit applies to tax years prior to January 1, 2022 (rather than January 1, 2027).</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Toi W. Hutchinson</action>
<statusdate>2/7/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/7/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/15/2017</statusdate><chamber>Senate</chamber><action>Approved for Consideration Assignments</action>
<statusdate>3/15/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 16, 2017</action>
<statusdate>3/17/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson</action>
<statusdate>3/17/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>3/22/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Postponed - Revenue</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 27, 2017</action>
<statusdate>4/28/2017</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 31, 2017</action>
<statusdate>5/4/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Revenue;  008-000-000</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Hutchinson</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 042-004-000</action>
<statusdate>5/8/2017</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>5/8/2017</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Michael J. Zalewski</action>
<statusdate>5/9/2017</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>5/9/2017</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/15/2017</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/19/2017</statusdate><chamber>House</chamber><action>Committee Deadline Extended-Rule 9(b) May 26, 2017</action>
<statusdate>5/23/2017</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski</action>
<statusdate>5/23/2017</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Revenue &amp; Finance Committee;  by Voice Vote</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Revenue &amp; Finance Committee;  011-000-000</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/25/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Zalewski</action>
<statusdate>5/25/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>5/26/2017</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2017</action>
<statusdate>5/28/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Recommends Be Adopted Rules Committee;  005-000-000</action>
<statusdate>5/30/2017</statusdate><chamber>House</chamber><action>Recalled to Second Reading - Short Debate</action>
<statusdate>5/30/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Adopted</action>
<statusdate>5/30/2017</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/30/2017</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 097-015-000</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 1, 2</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 -  May 31, 2017</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Toi W. Hutchinson</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Referred to Assignments</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Toi W. Hutchinson</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Referred to Assignments</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Senate Concurs 047-007-000</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Senate Concurs 047-007-000</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>Senate Concurs</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/29/2017</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Effective Date January 1, 2018</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0415</action>
</actions>
</xml>

