HR 3242
113th Congress
House
Taxation
Business investment and capital
Income tax deductions
Television and film
To amend the Internal Revenue Code of 1986 to extend the election to treat the cost of qualified film and television productions as an expense which is not chargeable to capital account.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 3, 2013
Introduced in House
Oct 3, 2013
Referred to the House Committee on Ways and Means.
Plain-English summary
Amends the Internal Revenue Code to extend through 2015 the taxpayer election to expense qualified film or television production costs in the current taxable year.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1