H.R. 4878 113th Congress House

FILM Act

Official title: To amend the Internal Revenue Code of 1986 to extend the special expensing rules for certain film and television productions and to provide for special expensing for live theatrical productions.

Introduced: June 17, 2014 See on congress.gov

Taxation Business expensesIncome tax deductionsIntellectual propertyPerforming arts

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 17, 2014

Sponsor introductory remarks on measure. (CR E1007-1008)

Jun 17, 2014

Referred to the House Committee on Ways and Means.

Jun 17, 2014

Introduced in House

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Latest action June 17, 2014

Referred to the House Committee on Ways and Means.

Plain-English summary Congressional Research Service

Facilitating Investments in Local Markets Act or the FILM Act - Amends the Internal Revenue Code, with respect to the expensing of the costs of qualified film and television productions, to: (1) extend through 2015 provisions allowing such expensing, and (2) allow such expensing for the costs of certain live theatrical productions.

Related & companion bills 2