SB3944 Summary

• Beginning July 1, 2022, film production credit transferors must pay 2.5% of the non-resident wage portion and 0.25% of the remaining transferred credit amount to the Department of Commerce and Economic Opportunity.

• For productions commencing on or after July 1, 2022, "Illinois labor expenditures" now includes wages paid to non-residents in specified positions (Writer, Director, Director of Photography, Production Designer, Costume Designer, Production Accountant, VFX Supervisor, Editor, Composer, and Actor) up to $500,000 per employee.

• Non-resident actor wages are limited to 2 actors for productions with Illinois spending of $25,000,000 or less, and 4 actors for productions exceeding $25,000,000.

• Creates the Illinois Production Workforce Development Fund as a special fund in the State Treasury to provide grants for workforce training programs in the film industry, with 50% of funds reserved for minority-owned businesses, underserved areas, or organizations training diverse cohorts.

• Fund is protected from sweeps, administrative charge-backs, and other fiscal maneuvers; Department must submit annual reports on funded organizations and training outcomes.