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- S.1469
S.1469: LIFTT Act
About This Bill
- Introduced June 28, 2017
- Latest Major Action June 28, 2017
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Republican)
Bill Version
- Introduced in Senate - June 28, 2017
Bill Summary
Lift Investment in Film, Television, and Theater Act or the LIFTT Act This bill amends the Internal Revenue Code to permanently extend provisions that allow taxpayers to elect to expense the costs of qualified film, television, and live theatrical productions. The bill also modifies the rules for electing to expense the costs. Under current law, an election to expense the costs of a film, television, or live theatrical production must be...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 28, 2017 |
Read twice and referred to the Committee on Finance.
|
| June 28, 2017 |
Introduced in the Senate by Roy Blunt (R-Mo.) |