U.S. Congress legislation · 119th Congress
HB9938: SCREEN Act
Status: In committee, July 23, 2026
To amend the Internal Revenue Code of 1986 to establish a credit to incentivize investments in movie theaters, and for other purposes.
What the bill says
To amend the Internal Revenue Code of 1986 to establish a credit to incentivize investments in movie theaters, and for other purposes.
From the introduced text, July 23, 2026:
A BILL To amend the Internal Revenue Code of 1986 to establish a credit to incentivize investments in movie theaters, and for other purposes. SECTION 1. Short title This Act may be cited as the Supporting Cinema Renewal, Enhancement, and Enriching Neighborhoods Act or the SCREEN Act . SECTION 2. Establishment of qualified movie theater revitalization credit (a) In general Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: SECTION 45BB. Qualified movie theater revitalization credit (a) In general For purposes of section 38, the qualified movie theater revitalization credit determined under this section for any taxable year is an amount equal to the sum of the credit amounts determined under subsection (b) with respect to each qualified movie theater owned or operated by the taxpayer. (b) Credit amount (1) In general Subject to paragraph (2), the amount determined under this subsection with respect to any qualified movie theater for any taxable year shall be equal to 30 percent of the qualified movie theater revitalization expenditures of the taxpayer for such taxable year with respect to such qualified movie theater. (2) Limitation (A) In general The amount determined under this subsection with respect to any qualified movie theater for any …
Sponsors
- Claudia Tenney (R, HD-024) · primary sponsor
- David Kustoff (R, HD-008)
- Mike Carey (R, HD-015)
- Thomas Suozzi (D, HD-003)
- Nathaniel Moran (R, HD-001)
Latest actions
- : Referred to the House Committee on Ways and Means.
- : Introduced in House
Subjects: Taxation
Common questions
- What is HB9938?
- HB9938 is a bill in Congress (119th Congress): SCREEN Act.
- What does HB9938 do?
- In its own words: To amend the Internal Revenue Code of 1986 to establish a credit to incentivize investments in movie theaters, and for other purposes.
- What is the status of HB9938?
- In committee as of July 23, 2026. Latest action: Referred to the House Committee on Ways and Means. (July 23, 2026).
- Who sponsored HB9938?
- Claudia Tenney (R, HD-024), with 4 co-sponsors.
- Where is the official record for HB9938?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/9938
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.