To amend the Internal Revenue Code of 1986 to extend the election to treat the cost of qualified film and television productions as an expense which is not chargeable to capital account.

H.R. 3242 · 113th Congress · Oct 3, 2013 · Lineage

A BILL

Section 1 Two-year extension of special expensing rules for certain film and television productions

(a)

In general— Subsection (f) of section 181 of the Internal Revenue Code of 1986 is amended by striking “December 31, 2013” and inserting “December 31, 2015”.

(b)

Effective date— The amendment made by this section shall apply to productions commencing after December 31, 2013.

To amend the Internal Revenue Code of 1986 to extend the election to treat the cost of qualified film and television productions as an expense which is not chargeable to capital account.

Section 1 Two-year extension of special expensing rules for certain film and television productions

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