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To amend the Internal Revenue Code of 1986 to modify and make permanent the election to treat certain costs of qualified film and television productions as expenses.
Other Bill Titles (1 more) 10/24/2007--Introduced.
Amends the Internal Revenue Code to:
(1) exclude participations and residuals from the dollar limitation on the taxpayer election to expense qualified film and television production costs;
(2) allow amortization of costs ineligible for ... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced |  | Voted on by House | | Voted on by Senate | | Considered By President | | Bill Becomes Law |
| October 24, 2007 |
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Blog Coverage
October 05, 2008 naming names & the real reason why some conservative republicans ...
crowley (d-ny) both introduced separate house bills that contained these film provisions, hr 3951 and hr 3389. rep. becerra voted against the bail out bill while crowley voted for it. these are some of the more interesting tax cuts, ...
Source: conservatease
June 01, 2008 BB May 2008.pmd
Becerra-authored provision is language similar to H.R. 3951, the. Runaway Productions Prevention Act, legislation Rep. Becerra. introduced last October that allows an immediate write-off for the. first $15 million ($20 million in ...
October 25, 2007 Congressman Xavier Becerra - REP. BECERRA INTRODUCES LEGISLATION ...
The bipartisan "Runaway Productions Prevention Act of 2007â (H.R. 3951) creates permanent incentives for producers to make movies here by allowing an immediate write-off for the first $15 million of production costs, regardless of the ...
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