Congress 107 - S 1278 - United States Independent Film and Television Production Incentive Act of 2001

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Topics

Accident insurance Annuities Arts, Culture, Religion Business income tax Commerce Depressed areas Disability insurance Disabled Economics and Public Finance Employee health benefits Employee stock options Employment tax credits Finance and Financial Sector Fringe benefits Health Health insurance Income tax Indexing (Economic policy) Insurance premiums Labor and Employment Life insurance Motion picture industry Science, Technology, Communications Tax-deferred compensation plans Taxation Television industry Wages

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Summary

United States Independent Film and Television Production Incentive Act of 2001 - Amends the Internal Revenue Code to establish a tax credit for 25 percent of up to the first $25,000 of qualified wages paid or incurred by an employer with respect to employees in any qualified U.S. independent film and television production during a taxable year. Increases the credit to 35 percent if the production is located in an area eligible for designation as a low-income community or eligible for designation by the Delta Regional Authority as a distressed county or isolated area of distress.

Actions

Nov 27, 2001

Sponsor introductory remarks on measure. (CR S12030)
Jul 31, 2001

Read twice and referred to the Committee on Finance.
Jul 31, 2001

Sponsor introductory remarks on measure. (CR S8476-8477)
Jul 31, 2001

Introduced in Senate
May 1, 2001

Sponsor introductory remarks on measure. (CR S3605-3606)

Amendments

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