House hearing focused on the television and film industry in Illinois

(The Center Square) – Illinois’ television and film industry came to a halt during a production strike in 2023, but it appears to be on the rebound.

Film production expenditures were over $650 million last year, the second-highest total in state history. Over 18,000 people were hired during that time, excluding extras.

During a House Museum, Arts, Culture and Entertainment Committee hearing, Christine Dudley, executive director of the Illinois Production Alliance, said the Illinois Film Production Tax Credit is paying dividends.

“For every one dollar issued in credits, the return on investment to the state is $6.81,” said Dudley. “It really is one of the most successful programs that the state has offered and the return on investment is unequaled.”

The Illinois Film Production Tax Credit provides a 30% tax credit on qualified expenditures, including production spending, salaries and an additional 15% on salaries for people who live in economically disadvantaged areas.

- Advertisement -

In 2022, the state launched the Film and TV Workforce Training Program, which is designed to increase diversity in Illinois’ film industry.

Dudley said the Land of Lincoln has a rich history of TV and film production.

“From the days of silent movies at Essanay Studios, to the explosion of TV advertising in the 50s with Tony the Tiger and the Jolly Green Giant, to the era of John Hughes, the Blues Brothers, The Fugitive, Barbershop and Batman,” said Dudley.

Essanay is probably best known today for its series of Charlie Chaplin comedies produced in 1915-1916.

Independent films made in Illinois are getting noticed. “Ghostlight” premiered on opening night of the Sundance Film Festival in 2024.

“It’s really hard to find financing for movies in the current environment,” said Eddie Linker, producer of the film. “The ability to use the Illinois Tax Credit at almost any budget level is often the difference between making a movie or hoping to make a movie.”

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Charter school operator to open 3 campuses, seats for 2,700

(The Center Square) – Successful closing of $77.9 million...

Thousands of troops aiding Iranian blockade as more ships head to U.S.

The U.S. may return to the negotiating table with...

Seattle city council sends $480 million library levy to voters

(The Center Square) - The Seattle City Council approved...

After claiming HPD would cooperate with ICE, Whitmire now faces losing $110M in grants

(The Center Square) – Houston Mayor John Whitmire is...

Helene: Baptists on Mission flawless with $3M in state grant money

(The Center Square) – Full compliance was maintained by...

Shreveport weighs tax lien updates to boost sales of blighted properties

(The Center Square) – Shreveport is considering amending its...

GOP candidate Bailey urges Trump to apologize to pope; bishop calls for dialogue

(The Center Square) – After President Donald Trump refused...

Everglades Restoration 5 years ahead of schedule

(The Center Square) – Everglades Restoration is on track...

More like this
Related

Charter school operator to open 3 campuses, seats for 2,700

(The Center Square) – Successful closing of $77.9 million...

Thousands of troops aiding Iranian blockade as more ships head to U.S.

The U.S. may return to the negotiating table with...

Seattle city council sends $480 million library levy to voters

(The Center Square) - The Seattle City Council approved...

After claiming HPD would cooperate with ICE, Whitmire now faces losing $110M in grants

(The Center Square) – Houston Mayor John Whitmire is...