H.R. 4840: CREATE Act

H.R. 4840 is a federal bill in the 119th Congress. Before this bill, film and television producers could immediately deduct up to 15 million dollars of production costs on their taxes, or up to 20 million dollars for productions in lower income areas, and this tax break was set to expire at the end of… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.