IL SB1816

Removes the exclusion of productions created primarily for industrial, corporate, or institutional purposes from the definition of "accredited production" eligible for tax credits.

Increases the wage cap for performing artists from $100,000 to $1,000,000 per artist for productions commencing on or after the effective date, with non-Illinois residents capped at $100,000.

Adds "performing artist" compensation up to $1,000,000 as a new category of Illinois production spending eligible for tax credits, excluding non-resident performing artists above $100,000.

Defines "performing artist" as persons who provide services as actors or actresses, explicitly excluding managers, promoters, other entertainment industry workers, broadcasters, and athletes.

Modifies Illinois labor expenditure rules to exempt performing artists from the requirement that wage earners be Illinois residents at the time of payment.