Illinois Statutes

§ 10-5 — Purpose

Illinois·Topic GOVERNMENT·Ch. 35 REVENUE·Act 35 ILCS 17/ Live Theater Production Tax Credit Act.·Art. Article 10 - Live Theater Production Tax Credit Act
The Illinois economy depends heavily on the commercial for-profit live theater industry and the accredited theater productions that are presented in Illinois. As a result of intense competition from other prominent theater cities in the United States and abroad in attracting theater productions, Illinois must move aggressively with new business development investment tools so that Illinois is more competitive in site location decision making for show producers. In an increasingly global economy, Illinois' long-term development will benefit from the rational, strategic use of State resources in support of accredited theater productions. It is the purpose of this Act to preserve and expand the existing work force used in live theater and enhance the marketing of the presentation of live thea

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Legislative History

(Source: P.A. 102-1112, eff. 12-21-22.)

Nearby Sections

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