H.R.3389: To amend the Internal Revenue Code of 1986 to make permanent the election to treat the cost of qualified film and television productions as an expense which is not chargeable to capital account.

Please upgrade your Flash Player Home > Federal Government > H.R.3389 Chief Sponsor: Joseph Crowley Tagged in: Business, Depreciation and amortization, Humanities, Income tax, Motion pictures, Tax deductions, Taxation, Telecommunication, Television industry, Television programs Latest Update: Wednesday, January, 07th 2009 Search Site To amend the Internal Revenue Code of 1986 to make permanent the election to treat the cost of qualified film and television productions as an expense which is not chargeable to capital account. 8/3/2007--Introduced. Amends the Internal Revenue Code to make permanent the taxpayer election to expense qualified film and television production costs in the current taxable year. Comment on Bill - Be the first to leave a comment! Latest Actions 08/09/2007 - Referred to the Subcommittee on Trade. 08/03/2007 - Sponsor introductory remarks on measure. (CR 8/4/2007 E1744-1745) 08/03/2007 - Referred to the House Committee on Ways and Means. Bill Text File name Last Updated H.R.3389 Introduced in House 08/31/2007

Important People Sponsor Joseph Crowley Co-Sponsor(s) Carolyn McCarthy David Dreier Kirsten E. Gillibrand Wally Herger Latest News Searching for articles... You can suggest an article. Paste URL. Articles are subject to approval.