HR 2405 114th 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: October 6, 2015 See on congress.gov

Taxation Business expensesIncome tax deductionsIntellectual propertyPerforming arts

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 19, 2015

Referred to the House Committee on Ways and Means.

May 19, 2015

Introduced in House

Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Latest action May 19, 2015

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 2016 provisions allowing such expensing, and (2) allow such expensing for the costs of certain live theatrical productions.

Related & companion bills 3