S 364 · 114th Congress 2015–2017, ended

STAGE Act

Fact sheet

Latest action · Feb 4, 2015 Read twice and referred to the Committee on Finance.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedFeb 4, 2015
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Support Theaters in America Growth and Expansion Act or the STAGE Act

Amends the Internal Revenue Code, with respect to the expensing of the costs of qualified film and television productions, to: (1) extend through 2016 provisions allowing such expensing, (2) allow such expensing for the costs of certain live theatrical productions, and (3) provide for the tax treatment of dispositions of an interest in a live theatrical production as a passive activity.

Cosponsors 1

Members who signed on, in the order they did. All signed on Feb 4, 2015.

SeatCosponsorSigned on
D-NYCharles E. SchumerOriginalFeb 4, 2015

Actions 2

Everything that happened, newest first.

  1. Feb 4, 2015Introduced in Senate
  2. Feb 4, 2015Read twice and referred to the Committee on Finance.

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 2405FILM ActRelated billMay 19, 2015
HR 2562To amend the Internal Revenue Code of 1986 to extend the special expensing rules for certain film and television productions.Related billMay 21, 2015

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Feb 4, 2015Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.