A bill to provide an incentive for the production of motion pictures in the United States by excluding from gross income, for Federal income tax purposes, a part of the gross income derived from the distribution or exploitation of motion pictures produced in the United States.
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.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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