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HR 3389 110th Congress House Taxation Arts, Culture, Religion Commerce Depreciation and amortization Income tax Motion pictures Science, Technology, Communications Tax deductions Television industry Television programs

To amend the Internal Revenue Code of 1986 to make permanent the election to treat the cost of qualified film and television productions as an expense which is not chargeable to capital account.

Introduced: August 3, 2007 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 9, 2007
Referred to the Subcommittee on Trade.
Aug 3, 2007
Referred to the House Committee on Ways and Means.
Aug 3, 2007
Sponsor introductory remarks on measure. (CR 8/4/2007 E1744-1745)
Aug 3, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to make permanent the taxpayer election to expense qualified film and television production costs in the current taxable year.

What's happening now August 9, 2007

Referred to the Subcommittee on Trade.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1