Congress Proposes Larger Tax Write-Off Limits for Film and TV Productions, Extending Break to 2030
A house committee must act next: committee consideration.
No action since August 2025
Govbase has not yet run an impact analysis on this legislation.
Referred to the House Committee on Ways and Means.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Covers the CREATE Act proposal to extend and expand IRC Section 181, including higher $30M/$40M caps and extension through 2030, plus inflation adjustment.
Announcement of the CREATE Act to extend IRC Section 181 for five years, allowing qualifying productions to expense costs and keeping incentives available beyond 2025.
Reports on the CREATE Act extending Section 181 to 2030 and adding cost-of-living adjustments, framing it as tax relief for entertainment and recording expenses.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
CREATE Act
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