U.S. Congress legislation · 119th Congress
HB10582: Motion Picture, Television, and Entertainment Revitalization Act
Status: In committee, September 24, 2026
To amend the Internal Revenue Code of 1986 to provide a tax credit for American film and television productions, and for other purposes.
What the bill says
To amend the Internal Revenue Code of 1986 to provide a tax credit for American film and television productions, and for other purposes.
From the introduced text, September 24, 2026:
A BILL To amend the Internal Revenue Code of 1986 to provide a tax credit for American film and television productions, and for other purposes. SECTION 1. Short title This Act may be cited as the Motion Picture, Television, and Entertainment Revitalization Act . SECTION 2. American film and television production 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. American film and television production credit (a) Allowance of credit For purposes of section 38, in the case of a qualified film or television production, the American film and television production credit for any taxable year is the product of-- (1) the applicable percentage, and (2) the qualified compensation paid with respect to such qualified film or television production. (b) Qualified film or television production For purposes of this section-- (1) In general The term qualified film or television production means any production-- (A) which is a feature film, a television pilot, or a television season, (B) which is produced-- (i) in the ordinary course of a trade or business, and (ii) for commercial purposes, (C) which is chargeable to capital account, (D) which is completed during the taxable year, (E) the total cost …
Sponsors
- Nathaniel Moran (R, HD-001) · primary sponsor
- Linda Sanchez (D)
- Brian Jack (R, HD-003)
- Laura Friedman (D)
- David Kustoff (R, HD-008)
- Judy Chu (D, HD-CA-28)
- Mike Carey (R, HD-015)
- Thomas Suozzi (D, HD-003)
- Vince Fong (R)
- Josh Gottheimer (D, HD-005)
- Blake Moore (R, HD-UT-1)
- Brad Sherman (D)
Latest actions
- : Referred to the House Committee on Ways and Means.
- : Introduced in House
Subjects: Taxation
Common questions
- What is HB10582?
- HB10582 is a bill in Congress (119th Congress): Motion Picture, Television, and Entertainment Revitalization Act.
- What does HB10582 do?
- In its own words: To amend the Internal Revenue Code of 1986 to provide a tax credit for American film and television productions, and for other purposes.
- What is the status of HB10582?
- In committee as of September 24, 2026. Latest action: Referred to the House Committee on Ways and Means. (September 24, 2026).
- Who sponsored HB10582?
- Nathaniel Moran (R, HD-001), with 11 co-sponsors.
- Where is the official record for HB10582?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10582
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.