HR 2401 · 93th Congress · Taxation
Domestic Film Production Incentive Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-01-18)
Plain Language Summary
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Domestic Film Production Incentive Act - Provides a tax incentive under the Internal Revenue Code for the production of motion pictures by excluding from gross income for Federal income tax purposes 20 percent of the amount derived by the taxpayer from the distribution or exploitation of a domestic film.…
Summarized by Claude AI · Non-partisan · For informational purposes only